• Open

    We stappen minder vaak over naar nieuwe baan vanwege economische onzekerheid
    We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.  ( 5 min )
    Loonstijging heeft haar piek voorlopig bereikt
    De lonen in nieuwe cao's zijn in augustus 7,4 procent gestegen. Dat is historisch gezien nog steeds erg hoog, maar de piek van 8 procent die in juni werd bereikt lijkt daarmee voorbij.  ( 4 min )
    Steeds meer elektrische rijders zoeken manieren om laadkosten te drukken
    Door de hoge stroomprijzen gaan mensen met elektrische auto's steeds meer op zoek naar manieren om de laadkosten te drukken. Dat staat in het jaarlijkse Nationaal Laadonderzoek, uitgevoerd door Rijksuniversiteit Groningen.  ( 4 min )
  • Open

    90/10 Strategy: Definition, How It Works, Examples
    90/10 is an investment strategy proposed by Warren Buffett that deploys 90% of investment capital to S&P index funds and 10% to lower-risk investments.  ( 25 min )
    Catastrophic Health Insurance Definition
    Catastrophic health insurance is medical coverage open to people under 30 and adults of any age who have a government-approved general hardship exemption.  ( 20 min )
    What Are the Pros and Cons of a Federal Balanced Budget?
    Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.  ( 24 min )
    Yield to Maturity – YTM vs. Spot Rate. What's the Difference?
    A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )
  • Open

    Dow Jones Futures: S&P 500 Breaks Key Level On Fed Fears, Apple Woes; What To Do Now
    No content preview

  • Open

    US Gas Prices Surge to Record Highs — and These Oil Stocks Are Poised to Benefit
    Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com  ( 35 min )
    China’s Credit Wreck Exposes Governance Failings to the World
    (Bloomberg) -- For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade investing career.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsFirst, Dalian Wanda G  ( 36 min )
    BlackBerry expects to report drop in quarterly revenue, shares dive
    Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. "Given the product mix, delays in closing certain large deals are expected to impact revenue recognized in the quarter," said BlackBerry's Executive Chair and CEO, John Chen. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review.  ( 31 min )
    C3.ai Stock Falls After Company Withdraws Profit Forecast
    While July quarter results topped estimates, the AI company sees mounting losses ahead.  ( 22 min )
    Apple Shares Slide 4% On Report China Banned Its Officials From Using iPhones
    Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 19 min )
    Lockheed Stock Tanked. It’s All About the F-35 Fighter Jet.
    The company said it will deliver fewer of the fighter planes this year than management had told investors to expect on a call to discuss its results.  ( 23 min )
    According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion
    Musk posted the bleak financial assessment as part of a rant against the ADL.  ( 32 min )
    C3.ai, A Hot AI Stock, Sinks On Revenue Miss, Weak Outlook
    No content preview
    Lockheed Martin Cuts Its Jet Delivery Outlook, and Shares Drop
    Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 18 min )
    GameStop beats quarterly revenue estimates on strong videogame demand
    GameStop beat Wall Street estimates for second-quarter revenue on Wednesday, buoyed by demand for videogames, collectibles and consoles. The company reported revenue of $1.16 billion for the quarter ended July 29, up from $1.14 billion a year earlier. Analysts on average had estimated $1.14 billion, according to three analysts polled by LSEG.  ( 31 min )
    Jeremy Grantham sounds the alarm on stocks, recession, inflation, and interest rates in a new interview. Here are his 8 best quotes.
    No content preview
    Battery Boom: $154B invested, 166K jobs planned in US as EV rollout intensifies
    New data shows the massive impact the electric vehicle buildout is making on manufacturing and infrastructure spending in America — a big win for the Biden administration and its legislative agenda.  ( 33 min )
    T-Mobile Will Start to Pay a Dividend. Why the Stock Is Dropping.
    T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.  ( 23 min )
    Here's why 7% mortgage rates are so much worse for buyers now than 20 years ago
    The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior.  ( 36 min )
    Nvidia is a stock bubble and its popping could trigger a broader market crash, investing legend Rob Arnott says
    "Would Nvidia's popping bring down the whole market? "It's very possible," the Research Affiliates founder, Rob Arnott, said.  ( 32 min )
    UAW makes contract counteroffer to Ford; Stellantis to make offer
    The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor, a source told Reuters. Ford said last week it had offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. The UAW expects to receive a proposal from General Motors on Thursday, added the source, who spoke on condition of anonymity.  ( 31 min )
    Imprisoned Billionaire’s Wealth Soars on 919% EV Stock Rally
    (Bloomberg) -- There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsS&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wr  ( 34 min )
    Exclusive-Business software company Alteryx explores sale -sources
    Alteryx Inc, a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter. Fierce competition from big rivals such as Microsoft Corp and Oracle Corp, as well as setbacks in winning new business, have suppressed Alteryx's valuation and made it an acquisition target. The Irvine, California-based company is being advised by investment bank Qatalyst Partners on its discussions with potential acquirers, which include private equity firms, the sources said.  ( 31 min )
    Investors are forgetting the 'pain before the pivot' - and failing to see the debt disaster ahead, expert warns
    No content preview
    Nvidia Stock’s Blockbuster Gain Is a ‘Big Market Delusion’
    Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”  ( 22 min )
    Warren Buffett Just Turned 93 Years Old – He Dreads Birthdays And Getting Older Even Though He's Made $3.5M Each Day Of His Life
    Legendary investor Warren Buffett celebrated his 93rd birthday on Aug. 30. While many might imagine lavish celebrations and extravagant gifts for someone of his stature, Buffett has a unique perspective on birthdays and aging. Despite accumulating wealth at an incredible rate, earning an estimated $3.5 million every day of his life when you divide his total net worth by the number of days he's been on Earth, he says he dreads birthdays and the thought of growing older. Don't Miss: Until 2016 it  ( 33 min )
    Market Update: EQIX, HPQ, UTHR, VRTX, AVGO, KHC
    No content preview
    Analyst Report: Avalonbay Communities Inc.
    No content preview
    Analyst Report: HP Inc
    No content preview
    Market Update: AVB, EQIX, HPQ, UTHR, VRTX, KHC
    No content preview
    Apple Falls on Report That China Agencies Are Barring iPhone Use
    (Bloomberg) -- Apple Inc. suffered its worst stock decline in a month following a report that Chinese government agencies have barred staff from using the iPhone and other foreign-branded devices at work.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei T  ( 32 min )
    Dominion Energy Sells 3 Gas Distribution Firms to Enbridge for $14 Billion
    Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.  ( 18 min )
    Is Pfizer Stock A Buy Or A Sell With Covid-Era Growth In The Rearview?
    No content preview
    The Sneaky (But Smart) Place Millionaires Keep Their Money
    No content preview
    The 'Golden Ratio' That Could Change Your Finances Forever
    No content preview
    Ask an Advisor: I'm 77 and Still Working. Is it True That I Don't Have to Take RMDs?
    No content preview
    We Bet You Can't Guess How Many Americans Actually Retire With a Million Bucks
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 34 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
    Not long ago, data was being touted as the “new oil,” while in some quarters that epithet has been bestowed at times on copper, or even, fresh water. However, according to a statement made by Elon Musk, “lithium batteries are the new oil.” That is maybe not such a surprising take, given lithium forms a crucial part in the rechargeable battery tech required to power EVs. While Tesla sources its lithium from several producers of the element, it is planning to also have its lithium production done  ( 35 min )
    Disney and Comcast move up Hulu deal date to Sept. 30
    Comcast is moving up the date for its sale of Hulu to Disney, the Comcast CEO said at the Goldman Sachs Communacopia and Tech Conference  ( 33 min )
    Tesla Stock Is Down. It Might Be Munich.
    Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.  ( 22 min )
    Mortgage Rates Jump by Double Digits
    Rates on 30-year mortgages jumped by more than an eighth of a percentage point, with rate averages for all but a couple loan types climbing by double-digit basis points.  ( 22 min )
    Bill Gates is backing Bud Light: He’s betting nearly $100 million on embattled AB InBev
    The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.  ( 32 min )
    AMC stock sinks after company announces plans to sell up to 40 million shares
    The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness,” and general corporate purposes.  ( 32 min )
    AMC Stock Falls After Movie Chain Announces Share Sale
    Shares of AMC Entertainment traded sharply lower Wednesday morning after the company announced a plan to sell up to 40 million common shares. The stock was down 21% at $10.71. AMC said it plans to use the proceeds to bolster liquidity and repay debt, among other things. The announcement follows th  ( 22 min )
    AMC Plans to Sell Stock But Warns Investors of Losses
    (Bloomberg) -- AMC Entertainment Holdings Inc. plans to sell shares less than three weeks after getting court approvals that opened the door for the movie theater operator to raise money to pay down its debt.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-t  ( 32 min )
    Treasury Yields Climb With Rate-Hike Odds on Strong ISM Services
    (Bloomberg) -- Treasury yields climbed Wednesday — some to the highest levels in a week — as traders priced in higher odds of a Federal Reserve interest-rate increase this year after a gauge of service-sector activity was stronger than anticipated.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Brea  ( 30 min )
    Meta's new return to office mandate has taken effect
    Workers who are assigned to an office will be required to be work out of that workplace three days a week.  ( 19 min )
    Roku stock soars after company reveals more layoffs, boosts Q3 guidance
    Roku shares soared after the company revealed more cost-cutting initiatives, including layoffs, and boosted its Q3 revenue and adjusted EBITDA guidance.  ( 33 min )
    Ukraine Drone Supplier AeroVironment Goes Vertical On Upgrade, Q1 Beat
    No content preview
    AMC Entertainment Is Selling Stock. The Price Is Falling.
    The entertainment giant plans to use potential net proceeds from the sale 'to bolster liquidity' and deal with its debt.  ( 22 min )
    UPDATE 1-Lockheed Martin trims F-35 jet delivery outlook
    U.S. weapons maker Lockheed Martin on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Lockheed said in a filing it expects to deliver 97 aircraft in the year, down from its prior outlook of between 100 and 120 jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year.  ( 31 min )
    Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls
    Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls  ( 34 min )
    Enbridge slumps on surprise $14 billion bid for gas-powered utilities
    The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will make Enbridge the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. Morningstar analysts called the deal a "defensive move". "Despite the size of the transaction, Enbridge is leaving its 5% annual EBITDA growth expectation over the medium term, which suggests to us that the earnings contribution is replacing weaker results on the liquids side of the business," Morningstar analyst Stephen Ellis wrote in a note.  ( 31 min )
    Southwest, United, and Other Airline Stocks Fall. A New Fear Is Emerging.
    It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.  ( 22 min )
    Ask an Advisor: I'm 49 With $500k in Savings But ‘I'm Concerned' About Retirement Income and Annuities Are ‘Too Expensive.' What Are My Options?
    I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Roku to cut about 10% of its workforce as it ups quarter sales expectations and shares soar, again
    Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet. The Silicon Valley company also expects impairment charge of $160 million to $200 million in its third quarter as it consolidates some offices.  ( 32 min )
    Nvidia's Not The Only AI Game In Town
    No content preview
    Intuit cut hundreds of jobs and spent at least $20 billion in a massive bet on AI. Today the company is revealing its new virtual assistant
    Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.  ( 35 min )
    Dow Jones Futures Fall, But Meta Eyes Buy Signal; Tesla Just Below Early Entry
    No content preview
    Market Digest: MRVL, INTU, PWR, RIO, CHWY, KVUE
    No content preview
    Analyst Report: Intuit Inc
    No content preview
    Analyst Report: Rio Tinto PLC
    No content preview
    Stocks slide as worries about inflation revive: Stock market news today
    Stocks fell on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )
    Stocks open lower as worries about inflation revive: Stock market news today
    Stocks opened lower on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )
    US futures slip as worries about inflation revive: Stock market news today
    Stocks looked set for another losing day on Wall Street on Wednesday, amid concerns about inflation and faltering growth.  ( 32 min )
    Roku Cutting 10% of Staff to Rein In Rising Expenses
    The streaming platform also projected fiscal third-quarter results ahead of its prior guidance.  ( 25 min )
    Market Digest: MRVL, INTU, PWR, RIO, CHWY, KVUE
    No content preview
    Russia tries to prop up rouble as Western sanctions bite - latest updates
    The Bank of Russia will try to prop up the struggling rouble as Vladimir Putin’s regime desperately tries to counter Western sanctions.  ( 47 min )
    Stocks to Watch Wednesday: Apple, Novo Nordisk, Amazon, Enbridge
    ↘️ Apple (AAPL): Shares edged lower premarket after The Wall Street Journal reported that China had ordered central-government officials not to use iP  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 09/06/2023
    No content preview
    Daily – Vickers Top Insider Picks for 09/06/2023
    No content preview
    The deal that could break the IPO logjam: Morning Brief
    SoftBank might be the one to dislodge the IPO logjam with its Arm Holdings, a chip competitor to Nvidia.  ( 33 min )
    Tesla’s Elon Musk Borrowed $1 Billion From SpaceX Just as Twitter Sale Completed
    Musk repaid the loan in November, and it's not clear why it was taken.  ( 22 min )
    German automakers in 'darkest moment' speed up EV transition - Chinese executive
    German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling partnerships with the likes of EV startup Xpeng, its CEO Brian Gu said in an interview on Wednesday. "It is perhaps the darkest moment for German automakers but I also feel their strongest determination ever to change at the IAA," Gu said on the sidelines of Munich's IAA car show. Chinese EV startups need to leverage German automakers' scale, branding and investments to lower costs and survive, said Gu.  ( 32 min )
    The FTC Could Call for an Amazon Breakup. Why Investors Should Celebrate.
    Amazon could face an antitrust case which advocates breaking up the company, according to The Wall Street Journal. That might not be such a bad thing for shareholders.  ( 22 min )
    ‘There’s No Plan B’: Oil Chiefs Sound Alarm on Refining Woes
    (Bloomberg) -- An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Grounding o  ( 31 min )
    These Stocks Are Moving the Most Today: Zscaler, GitLab, Asana, and More.
    Investors were digesting a raft of tech and software company earnings ahead of the open Wednesday.  ( 23 min )
    Europe stocks drop on German data; euro jumps: Markets Wrap
    (Bloomberg) -- The greenback rose for a second day as a rally in oil reignited concerns over inflation, putting pressure on policymakers to keep rates high. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 34 min )
    Toyota to Join Global Luxury Car Market With $170,000 Flagship Model
    Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.  ( 25 min )
    Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback
    (Bloomberg) -- A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China and Japan to step up defense of their beleaguered exchange rates. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Re  ( 32 min )
    G7 shelves regular Russian oil cap reviews as prices soar - sources
    The G7 and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the matter told Reuters, even though most Russian crude is trading above the limit because of a rally in global crude prices. Russian producers have found ways to sell oil using fewer Western ships and insurance services, making it difficult for the West to enforce the existing price cap because the companies facilitating the trade are outside of their remit. The Group of Seven (G7) countries along with the European Union and Australia imposed the price cap mechanism on Russian oil last December, followed by a cap on fuel from February.  ( 33 min )
    JPMorgan says the biggest risk of de-dollarization isn't a rival currency — it's that the US could lose a key tool it's used to fight past economic crises
    JPMorgan said "de-dollarization risk for Western economies mostly relates to inflation and their debt burden."  ( 32 min )
    Japan Warns on Yen as Currency Weakens to Fresh 10-Month Low
    (Bloomberg) -- Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month low against the dollar overnight.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 32 min )
    China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says
    No content preview
    Arm is headed for a $52 billion IPO that's set to draw tech titans like Apple and Nvidia. Here's what to know about the biggest US stock debut of the year.
    No content preview
    The Best Places to Put Your Money When Interest Rates Are High
    A financial roadmap for making the most of your cash while staying on track with your short and long term money goals.  ( 22 min )
    Oppenheimer Says These 2 Stocks Could Double Your Money — Here’s Why They Could Jump
    After a shaky August for the markets, we have now entered the year’s final third and the bad news is that, going by the history books, September represents the market’s worst month of the year. The good news, however, is that according to Oppenheimer’s head of technical analysis, Ari Wald, any anticipated lull will be short-lived. “The key takeaway in our work is that, whether or not the advance is resuming imminently, it should only be a matter of time,” Wald recently said. “The Russell 2000’s  ( 35 min )
    C&S, SoftBank near deal to buy stores from Kroger, Albertsons - source
    C&S, which has partnered with SoftBank Group for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, the report said, adding that it is unclear how many stores C&S will acquire or how much it is paying for them. Kroger, Albertsons, C&S and SoftBank did not immediately respond to Reuters' request for a comment.  ( 32 min )
  • Open

    Apple Shares Slide 4% On Report China Banned Its Officials From Using iPhones
    Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 1 min )
    Markets Drop at Midday Amid Concerns About Fed Interest Rate Hikes
    U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Drops Amid Renewed Fears of More Fed Rate Hikes
    U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.  ( 1 min )
    5 Things to Know Before Markets Open
    The FTC is reportedly set to move forward with an antitrust lawsuit against Amazon and the European Union designated several tech giants as “gatekeepers” under its new digital markets law. Here’s what investors need to know today.  ( 1 min )
  • Open

    Op kamers gaan wordt nog moeilijker voor Nederlandse studenten
    Het aantal Nederlandse uitwonende studenten is gedaald van 53 procent in 2015 naar 44 procent dit jaar. Dat is een gevolg van het groeiende tekort aan studentenwoningen en de invoering van het leenstelsel. En de situatie wordt mogelijk nog zorgwekkender.  ( 5 min )
    Geen land ter wereld voert zo veel zonnepanelen in als Nederland
    Nederland is de grootste importeur van zonnepanelen ter wereld, waarbij 89 procent uit China komt. Ongeveer 60 procent van onze ingevoerde zonnepanelen wordt wel meteen weer doorgevoerd naar andere landen.  ( 4 min )
    We kunnen niet zonder Google en WhatsApp, dus komen er strengere regels
    Zes grote techbedrijven zijn bestempeld als aanbieders van zúlke machtige diensten, dat consumenten er bijna niet omheen kunnen. Deze bedrijven moeten in de EU aan strengere regels voldoen, zodat ze op de juiste manier met hun verantwoordelijkheden omgaan.  ( 5 min )
    Marokkaanse mannen op huizenjacht zijn nog steeds de pineut
    Mannen met een Marokkaanse achternaam worden nog altijd gediscrimineerd als ze een huurhuis zoeken. Vrouwen, Poolse mannen en homoseksuelen lijken minder problemen te ondervinden.  ( 4 min )
    Zorgmedewerkers met postcovid kunnen bijna 'beschamende' regeling aanvragen
    Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.  ( 4 min )
    Aanvraagloket voor 'beschamende' postcovidregeling gaat deze maand open
    Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.  ( 4 min )
    Spotify blijkt een paradijs voor Zweedse witwassers
    Zweedse criminele bendes misbruiken Spotify om geld wit te wassen, meldt Svenska Dagbladet dinsdag op basis van eigen onderzoek. Rappers verbonden aan criminele netwerken boeken op de streamingdienst zogenaamd grote successen met veel luisteraars.  ( 3 min )
    NU+ | Hoe snel moet je internet zijn? Je kunt mogelijk geld besparen
    Ons internet thuis wordt jaarlijks duurder, maar ook sneller. Ziggo kondigde maandag aan dat al zijn klanten in oktober hogere internetsnelheden krijgen. Maar hoe snel moet je internet eigenlijk zijn? Aan 200 megabit heb je volgens een expert meestal genoeg.  ( 3 min )
    Oekraïense economie groeit, meer ondernemers in het land dan voor oorlog
    De Oekraïense economie is in de eerste zeven maanden van dit jaar een klein beetje gegroeid. De economie van het land laat sneller herstel zien van de oorlogsschade dan verwacht, meldt het Oekraïense ministerie van Economische Zaken.  ( 4 min )
    Storing bij het in- en uitchecken in Arriva-bussen grotendeels verholpen
    Door een storing in de bussen van Arriva hebben reizigers woensdag niet kunnen in- en uitchecken met hun ov-chipkaart. De storing is in veel bussen opgelost. Alleen in Noord-Nederland en Limburg kunnen passagiers er nog mee te maken krijgen.  ( 3 min )
    Duitse industrie krijgt opnieuw een knauw door fors minder orders
    De Duitse industrie heeft in juli bijna 12 procent minder orders binnengekregen dan een maand eerder. Al langere tijd hebben industriële bedrijven het moeilijk in Duitsland, de grootste economie van Europa en de belangrijkste handelspartner van Nederland.  ( 3 min )
    Reizigers kunnen door storing niet in- en uitchecken in Arriva-bussen
    Door een storing in de bussen van Arriva kunnen reizigers woensdag niet in- en uitchecken met hun ov-chipkaart. De bussen van het ov-bedrijf rijden wel. Passagiers mogen gratis mee zolang de storing duurt.  ( 3 min )
    Steeds groter prijsverschil tussen nieuwbouwwoningen en bestaande huizen
    Nieuwbouwwoningen worden steeds duurder ten opzichte van bestaande woningen. Ook staan de nieuwe woningen veel langer te koop, blijkt uit cijfers van brancheorganisatie WoningBouwersNL.  ( 3 min )
    Stelling | Een bedrijf dat zijn naam verandert, moet mijn vertrouwen herwinnen
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. T-Mobile Nederland heet voortaan Odido. Ook de merknaam Tele2 wordt vervangen door Odido. Op NUjij discussieerden lezers over of de naamsverandering invloed heeft op hun vertrouwen in het bedrijf. Vandaag is daarom de stelling: Bij een naamsverandering moet een bedrijf opnieuw mijn vertrouwen winnen. Breng je stem uit en discussieer mee.  ( 2 min )
  • Open

    The Affordable Care Act Affects Moral Hazard in the Health Insurance Industry
    The Affordable Care Act increases moral hazard by pushing consumers further away from the costs of care. Many argue that health insurance itself is a moral hazard.  ( 23 min )
    How Demographics Drive the Economy
    Demographics can have a profound effect on the economy. An aging population coupled with a declining birth rate may point to a decline in economic growth.  ( 23 min )
    Top CD Rates Today: 45 Ways to Earn 5.50% or More
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying 5.50% or better.  ( 20 min )
    Is the Consumer Price Index the Best Measure of Inflation?
    The Consumer Price Index (CPI) measures inflation, but a comprehensive measurement includes the Producer Price Index (PPI) and the gross domestic product (GDP) deflator.  ( 22 min )
    Apple Shares Slide 4% On Report China Banned Its Officials From Using iPhones
    Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 18 min )
    Pharmacy Benefit Management (PMB) Industry: Definition
    PBMs are third-party administrators and negotiators that are essential facilitators in transactions between all moving parts of the health care industry.  ( 22 min )
    S&P 500 Gains and Losses Today: Index Drops Amid Renewed Fears of More Fed Rate Hikes
    U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.  ( 16 min )
    Lockheed Martin Cuts Its Jet Delivery Outlook, and Shares Drop
    Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 18 min )
    AMC Shares Hit All-Time Low on Theater Operator's New Stock Offering
    AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.  ( 18 min )
    Robinhood Hikes Minimum Fees For Instant Withdrawals by 100x
    The jump in instant transfer fees comes as Robinhood contends with declining active users and increased SEC scrutiny.  ( 16 min )
    WeWork To Renegotiate Leases, Exit Weak Locations, but Investors Aren't Impressed
    WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.  ( 18 min )
    Keynesian Multiplier: What It Is and How It's Used
    The Keynesian multiplier was introduced in the 1930s to show that government spending creates cycles of increased employment and prosperity.  ( 21 min )
    Taxes and the Affordable Care Act
    There were 21 tax changes linked to the passage of the ACA in 2010. Three key taxes were repealed in 2019. Find out what the ACA tax situation is today.  ( 31 min )
    How Airbnb Works—for Hosts, Guests, and the Company Itself
    The short-term rental service has revolutionized the lodging industry worldwide. But opinions differ on whether that's been entirely for the good.  ( 29 min )
    Asian Currency Authorities Aim to Halt Declines Against Strengthening US Dollar
    Japan and China are taking steps to halt their currencies' recent declines against the strengthening U.S. dollar, but it's not clear their actions can overcome broader economic realities.  ( 19 min )
    Private Equity Firm Thoma Bravo Acquires NextGen Healthcare for $1.6 Billion
    NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.  ( 17 min )
    What Credit Score Do You Need for a Personal Loan?
    Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 24 min )
    Foreign Institutional Investor (FII): Definition & Regulations
    Foreign institutional investors (FIIs) are typically large companies that invest in countries other than where their headquarters are located.  ( 24 min )
    Understanding Life Insurance Premiums
    When buying permanent life insurance, what amount of premium should you pay for the coverage?  ( 24 min )
    What Is the Face Value of a Life Insurance Policy
    How can you determine the face value of a life insurance policy, and what circumstances can change this value for your heirs?  ( 26 min )
    Personal Loan vs. Debt Consolidation Loan: What’s the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 23 min )
    Volatility Skew: How it Can Signal Market Sentiment
    The volatility skew is the difference in implied volatility (IV) between out-of-the-money (OTM) options, at-the-money options (ATM), and in-the-money options (ITM).  ( 29 min )
    Rising Fuel Costs, Past-Peak Travel Demand Could Eat Into Airlines' Profitability
    Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.  ( 18 min )
    How Do Student Loans Factor Into Your Taxes?
    Student loans can have an impact on your taxes, including reducing your tax bill if you've been paying interest. Here's what you need to know.  ( 22 min )
    High-Yield Savings Accounts Hit New Record Rate
    The top national rate for a high-yield savings account keeps rising, setting record after record. Another jump this week has pushed the top rate even further above 5%.  ( 19 min )
    Active vs. Passive Investing: What's the Difference?
    A passive investor typically buys index funds or other managed funds. An active investor is often a stock selector or someone who frequently buys and sells securities.  ( 23 min )
    Interest Rates Need To Remain High as Inflation Persists, Fed’s Collins Says
    Inflation is still above the 2% target the Fed is looking to hit, and with economic growth still pressing demand higher, interest rates will need to remain high or even be raised again, Boston Fed President Collins said.  ( 18 min )
    Gross Domestic Product (GDP): Formula and How to Use It
    Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 39 min )
    How a Country's Debt Crisis Can Affect Economies Around the World
    Learn how one country's debt crisis can affect other nations, including how currency values, inflation, and output could be affected on a global scale.  ( 23 min )
    Roku Rallies On Impending Layoffs and Higher Guidance
    The streaming company is tightening its belt, laying off workers and reducing operational expenses in order to maintain positive momentum.  ( 17 min )
    Dominion Energy Sells 3 Gas Distribution Firms to Enbridge for $14 Billion
    Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.  ( 17 min )
    Markets Drop at Midday Amid Concerns About Fed Interest Rate Hikes
    U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.  ( 16 min )
    What You Need to Know About Student Loan Servicers
    Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.  ( 23 min )
    GitLab Shares Rise After Surprise Profit on IT Security
    Shares of GitLab jumped after the tech firm posted a surprising quarterly profit on soaring sales of its information technology security platform.  ( 16 min )
    Google Tentatively Settles Class Action Suit Over Play Store Charges
    Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.  ( 17 min )
    Mortgage Applications at Lowest Level in 28 Years
    Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.  ( 17 min )
    Jobless Claims and the Market: Why They Matter, FAQs
    Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.  ( 21 min )
    How Much Free College Aid Are Students Missing Out On?
    Despite how high student loan debt has gotten in the U.S., billions of dollars in Pell Grants still went unclaimed by the high school class of 2022.  ( 22 min )
    Mortgage Rates Jump by Double Digits
    Rates on 30-year mortgages jumped by more than an eighth of a percentage point, with rate averages for all but a couple loan types climbing by double-digit basis points.  ( 20 min )
    How to Start a Personal Loan Business
    Learn how to start a business offering personal loans, including the pros and cons of starting this type of business.  ( 25 min )
    Unemployment Rate by State
    Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )
    How to Invest for Rising Interest Rates
    Discover ten possible ways individual investors and businesses can potentially profit from an environment of rising interest rates.  ( 25 min )
    EU Says Apple and Amazon Among Big Tech 'Gatekeepers' Subject to New Regulations
    The European Commission on Wednesday designated six tech giants as "gatekeepers" under its Digital Markets Act, one of its most comprehensive efforts yet to rein in big tech.  ( 19 min )
    Chip Designer Arm Locks Apple As A Customer Until After 2040
    The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.  ( 17 min )
    How Not to Get Burned Paying Back Your Student Loans
    If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.  ( 23 min )
    Is Disney's Dispute With Charter the End of Cable As We Know It?
    Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.  ( 21 min )
    Emerging Markets: Analyzing Brazil's GDP
    Brazil is the eleventh biggest economy worldwide. Its services and industry sectors made up 58.9% and 20.7% of GDP in 2022. Annual GDP growth was 2.9%.  ( 23 min )
    5 Things to Know Before Markets Open
    The FTC is reportedly set to move forward with an antitrust lawsuit against Amazon and the European Union designated several tech giants as “gatekeepers” under its new digital markets law. Here’s what investors need to know today.  ( 18 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    What Did Warren Buffett's Diversification Quote Mean?
    Diversification is a portfolio theory rooted in the idea that anyone who puts all their money in one company or industry is flirting with disaster.  ( 24 min )
  • Open

    Private Equity Firm Thoma Bravo Acquires NextGen Healthcare for $1.6 Billion
    NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.  ( 1 min )
    Rising Fuel Costs, Past-Peak Travel Demand Could Eat Into Airlines' Profitability
    Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.  ( 1 min )
    Lockheed Martin Cuts Its Jet Delivery Outlook, and Shares Drop
    Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 1 min )
    WeWork To Renegotiate Leases, Exit Weak Locations, but Investors Aren't Impressed
    WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.  ( 1 min )
    AMC Shares Hit All-Time Low on Theater Operator's New Stock Offering
    AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.  ( 1 min )
    Google Tentatively Settles Class Action Suit Over Play Store Charges
    Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.  ( 1 min )
    Is Disney's Dispute With Charter the End of Cable As We Know It?
    Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.  ( 1 min )
    Chip Designer Arm Locks Apple As A Customer Until After 2040
    The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.  ( 1 min )
  • Open

    PURE MOTIVATION | NoFap Motivation: Unlocking Your True Potential
    No content preview

  • Open

    Wells Fargo: Citigroup Stock Is ‘Pricing in Too Much Fear.’
    Analyst Mike Mayo has an Outperform rating on shares and a $55 price target, implying 32% upside from recent trading levels.  ( 22 min )
    IRS Slows Refund Payments for Pandemic-Era Tax Break
    The agency warns of fraud in the employee-retention tax-credit program.  ( 28 min )
    Stock prices are having a big impact on investors' view of the economy, which is exactly what happens before a recession, Wall Street's top bear says
    No content preview
    BP Gets Rating Hike; Light At End Of Tunnel Or Another Train?
    No content preview
    Enbridge in $14bn deal for Dominion gas utilities as US energy mix shifts
    Canadian pipeline group to become largest natural gas distribution company in North America  ( 6 min )
    Surging mortgage rates and near-record home values have sparked an 'affordability crisis' - but house prices may keep climbing anyway, one expert says
    No content preview
    Dominion Sells Natural Gas Utilities to Enbridge for $9.4 Billion
    The sale comes as lawmakers and regulators across the U.S. debate the future of natural-gas use in everything from stoves to furnaces.  ( 26 min )
    Apple inks new long-term deal with Arm for chip technology - filing
    Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a filing.  ( 32 min )
    Enbridge Is Building Gas Powerhouse by Buying Dominion Utilities
    (Bloomberg) -- Pipeline operator Enbridge Inc. agreed to buy three natural gas utilities from Dominion Energy Inc. for $9.4 billion. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyUnited Airlines Resumes US Flights After Temporary Grounding on Tech IssueBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapThe deal will create  ( 31 min )
    Top CD Rates Today: Five New High-Yield Options
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.  ( 20 min )
    Ramaswamy’s Anti-ESG ETF Firm Hits $1 Billion in Assets
    (Bloomberg) -- Strive Asset Management, an anti-activism fund company co-founded by Republican presidential hopeful Vivek Ramaswamy, has crossed $1 billion in assets even as it comes under legal scrutiny.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airli  ( 32 min )
    Zscaler Earnings Beat, Fiscal 2024 Outlook Above Views
    No content preview
    Disney, Spectrum direct customers to other TV services as dispute keeping ESPN off air continues
    Both sides of a dispute that has left nearly 15 million cable TV subscribers without ESPN or other networks affiliated with The Walt Disney Co. are directing customers to other services where they can watch television. The offers speak to the unusual nature of the business dispute between Disney and Charter Communications, and doesn't auger a quick resolution. Charter is telling its Spectrum TV customers about a special deal being offered by the Fubo live television streaming service to get two months at discounts of 25% or 30%, depending on the plan.  ( 32 min )
    Stocks finish lower after two weeks of gains: Stock market news today
    Stocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )
    ASML Stock Out Of Hole, In Winner's Circle; Profits Soaring
    No content preview
    Fed’s Debt Runoff Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead
    (Bloomberg) -- The Federal Reserve has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year, with no sign of the kinds of strains in financial markets that spooked policymakers the last time they oversaw such a program.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyReturn-t  ( 32 min )
    Schwab’s $1.3 Trillion Weekend: Company Converts Hordes of TD Ameritrade Clients, Advisors
    Charles Schwab passed a milestone in its efforts to integrate its one-time rival.  ( 22 min )
    Chip war heats up: China to launch $40B state fund for semiconductor manufacturing
    China is planning a new $40 billion government-backed investment fund aimed at bolstering the country's semiconductor manufacturing industry that has been hit by U.S. export controls.  ( 33 min )
    AMD CEO Says the AI Market Is ‘Skyrocketing’
    Lisa Su emphasized AMD is one of the few companies that offers a complete AI technology portfolio across chips and software.  ( 22 min )
    This REIT Now Yields 19.6%: Golden Opportunity or Fool's Gold?
    If there's one thing cash investors love, it's high dividend yields that can juice up portfolio returns. Buying high-yielding dividend stocks often works well — until and unless the dividend gets cut or suspended. An unusually high dividend yield is sometimes called a "yield trap," meaning that while the yield is alluring, the declining share price is often a reflection of weak company fundamentals and declining earnings. Another event that perks investor interest is a stock split, as one can ow  ( 33 min )
    Ford Isn’t Going to Be the Next Apple. It Could Be a New Deere.
    Ford Pro CEO Ten Cannis explains the potential for software-defined vehicles. The auto maker's investors stand to benefit if he is right.  ( 23 min )
    Tesla CEO Elon Musk Mocks Lucid CEO Over Pay
    Lucid CEO Peter Rawlinson topped a survey of the most highly paid auto maker CEOs. Tesla CEO Elon Musk has an opinion about that.  ( 22 min )
    Citigroup’s Beaten-Down Shares Are Worth Buying, Mayo Says
    (Bloomberg) -- Citigroup Inc.’s $41 share price reflects too much fear, and investors looking for a long-term opportunity should buy the stock, according to Wells Fargo & Co. analyst Mike Mayo. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaReturn-to-Office Is a $1.3 Trilli  ( 32 min )
    US moves to force recall of 52 million air bag inflators that can explode and hurl shrapnel
    The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive Inc., and under license by another company, are defective. In May the agency asked ARC to recall the inflators, which it says are responsible for at least seven injuries and two deaths in the U.S. and Canada since 2009.  ( 31 min )
    Market Update: NYT, RCL, DG
    No content preview
    Lucid CEO’s $379 million annual pay draws criticism from billionaire Elon Musk: ‘Beware any company where leadership compensation is not linked to performance’
    Musk earned an unprecedented $23 billion from Tesla two years ago after hitting performance targets.  ( 32 min )
    Stay Out Of The Woke Empire: 'Dr. Doom' Marc Faber Warns De-Dollarization Will Reshape The Global Economy — Says Democracy Is 'Doomed To Fail. Here's What He Likes For Protection
    The U.S. dollar has long held its position as the world's primary reserve currency. It's also considered a safe-haven currency because of America's robust economy and stable political system. But according to renowned global investor and economist Marc Faber, the greenback's dominance is now on shaky ground. "I think that the U.S. dollar will become over time — not tomorrow, but over time — a worthless currency," he said in a recent interview with Stansberry Research. Faber is highly critical of  ( 32 min )
    Cybersecurity Stocks To Watch Amid Shift To AI, Cloud
    No content preview
    Warren Buffett Energy Stocks Break Out As Saudi Arabia Extends Production Cut
    No content preview
    $4 Million Bucks Will Earn You This Much Interest
    No content preview
    UPDATE 2-Hawaii, Maui sued by victim's family for gross negligence in deadly wildfires
    The father of a woman who died during last month's wildfires in Hawaii has sued the state and the county of Maui in a “first-of-its-kind” lawsuit accusing the governments of gross negligence leading to the blazes. Filed on Monday in Hawaii state court, the lawsuit is the first stemming from the wildfires to be lodged against the state. It also names the state's electric utility Hawaiian Electric, which is already facing several lawsuits, and a major landowner on the island, Bishop Estate, over the fires that razed the historic town of Lahaina in Maui.  ( 31 min )
    Can I Retire With $1 Million at 55 Years Old?
    No content preview
    Arm Targets More Than $52 Billion Valuation in Largest IPO of the Year
    Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker's initial public offering.  ( 26 min )
    I Have $100,000. How Can I Turn It Into $1 Million?
    No content preview
    SoFi Is More Than Student Loans. Instacart IPO Proves It.
    According to Moffett Nathanson managing director Eugene Simuni, the primary reason the company is partaking in the underwriting process is to offer its users direct access to the IPO.  ( 23 min )
    C3.ai First-Quarter Earnings Loom After 179% Gain; Is AI Stock A Buy Now?
    No content preview
    High-Net-Worth Clients Make These Mistakes Too Often
    No content preview
    Trump's Truth Social SPAC Buys More Time; DWAC Stock Rises
    The two-year saga involving a proposed deal to take Donald Trump’s Truth Social platform public just got even longer. Shareholders voted to give the special-purpose acquisition company trying to take the former pre  ( 24 min )
    Are electric cars more expensive to insure?
    How much does it cost to insure an electric car and is EV insurance more expensive than a traditional auto insurance policy?  ( 32 min )
    Homebuilder Stocks Fall as Pultegroup, Lennar, D.R. Horton Drop
    One of the market's hottest sectors is having a sluggish start to back-to-school season. Major homebuilder stocks, which have benefitted this year from higher mortgage rates and slow sales of existing ho  ( 22 min )
    Arm IPO Valuation Shows It Won’t Be Nvidia. It’s Still Set to Be the Biggest of the Year.
    British chip designer Arm is targeting a valuation of around $52 billion for its IPO, according to a filing on Tuesday.  ( 23 min )
    Is Tesla Stock A Buy Or A Sell After The EV Giant Unveiled Its New Model 3?
    No content preview
    Save $1 Million Dollars in 10 Years By Doing This
    A common number that people generally seek to save is $1 million. It's a good start to long-term retirement and is a threshold that people view favorably as they seek to reach their financial goals. Saving $1 million is doable, … Continue reading → The post How to Save $1 Million Dollars in 10 Years appeared first on SmartAsset Blog.  ( 35 min )
    Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes
    (Bloomberg) -- Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa“There is nothing that is saying  ( 31 min )
    Warner Bros. Says Strikes Could Weigh On Earnings. The Stock Is Rising.
    Last month, the entertainment giant offered full-year guidance that assumed the strikes would resolve by early September. That hasn't happened yet.  ( 22 min )
    ‘Market May Be Broadening Out’: Cathie Wood Loads Up on These 2 Innovation Stocks
    Perceived wisdom goes that the way to outperform the market this year has been by leaning into the Magnificent Seven stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA). These market leaders – all tech giants – are seen as being responsible for the market’s rally, but hold that thought, says Ark Invest CEO Cathie Wood. These names don’t take up much room in Wood’s flagship Ark Innovation ETF, yet the fund, with its focus on bold, innovative stocks, still managed to beat the main indexes’ performa  ( 35 min )
    Brent Crude Tops $90 as Saudis Extend Cuts to End of 2023
    Oil prices are pushing toward fresh 2023 highs, with WTI recently up 2% at $87.26 a barrel and global benchmark Brent up 1.6% at $90.46 following a report from the state-owned Saudi Press Agency that says Saudi Arabia will extend voluntary production cuts of 1 million barrels a day until the end of  ( 11 min )
    Saudi Arabia plans to extend 1 million barrel a day oil cut through the end of the year
    Saudi Arabia said Tuesday it will extend its voluntary production cut of 1 million barrels of oil a day through the end of the year. The announcement, carried by the state-run Saudi Press Agency, comes as the kingdom has been unilaterally cutting its output to try and boost sluggish crude oil prices. The announcement said Saudi Arabia still will monitor the market and could take further action if necessary.  ( 31 min )
    Nvidia’s Rally Is Going to Show Traders What a  Market Bubble Looks Like, Rob Arnott Says
    (Bloomberg) -- For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaSo says Rob Arnot  ( 34 min )
    Stocks edge lower amid China data gloom: Stock market news today
    Stocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )
    Tesla Boosted Output at Its Plant in China. It Had To.
    The electric-vehicle company shipped 84,159 cars from its plant in Shanghai in August, up from 64,285 in July and 76,695 in August 2022.  ( 22 min )
    Bitcoin Falls. Analysts See More Declines Ahead.
    Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.  ( 22 min )
    Walmart, Lowe’s, and 11 Other Dividend Stocks That Are Solid Bets for a Recession
    These companies will fare well even if the Federal Reserve keeps interest rates high for a while.  ( 22 min )
    Dow Jones Futures Dip On Weak China Data; Tesla China Sales Jump
    No content preview
    How Much Is ESPN Worth? Not Enough to Make Disney Stock a Buy, This Analyst Says.
    KeyBanc's Brandon Nispel says Disney investors might be disappointed when they see ESPN's financials broken out as a stand-alone unit.  ( 23 min )
    25% Of The S&P 500 Are 'Dead Money' Stocks You Likely Own
    No content preview
    Weekly Stock List
    No content preview
    Goldman Sachs hit by $1m lawsuit from former exec who claims it is a ‘dysfunctional workplace’ where meetings often ended in ‘tears’
    The lawsuit provides insightful claims into the Wall Street titan’s culture including allegations that comments such as “take that as your first punch in the face” were condoned.  ( 33 min )
    Analyst Report: MongoDB Inc
    No content preview
    Analyst Report: Lyft Inc
    No content preview
    Daily Spotlight: Beware September
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Tyson Foods Couldn’t Produce Enough Chicken. Now It Has Too Much.
    The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply.  ( 26 min )
    SoftBank's Arm aims for over $52 billion valuation in huge US IPO
    SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.  ( 31 min )
    Stocks shape up for lower open amid China data gloom
    Stock futures slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )
    Argentina, in dollar love affair, agonizes over divorcing the peso
    María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso. The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest. Milei - facing a tight three-way battle with traditional political candidates on the right and left ahead of an Oct. 22 vote - says savers like Barro underscore why Argentina should shed the peso.  ( 35 min )
    Europe’s biggest car show was long the stomping grounds of German brands—but it’s now ‘become the China show’
    If cars like the BYD Seal are both premium and affordable, where does that leave the rest of the industry?  ( 34 min )
    Daily – Vickers Top Buyers & Sellers for 09/05/2023
    No content preview
    Daily – Vickers Top Insider Picks for 09/05/2023
    No content preview
    Bitcoin Is Falling as Analysts See More Declines Ahead. Where the Drop Could Stop.
    Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.  ( 22 min )
    The most important driver of stock prices is on the rise: Morning Brief
    Earnings are the most important driver of stock prices over the long run, and forecasts are on the rise.  ( 32 min )
    These Stocks Are Moving the Most Today: Tesla, Nvidia, Fidelity National Financial.
    Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.  ( 22 min )
    Utility Stocks Can’t Compete in a World Awash With Yield
    The utilities sector has slumped 12% in 2023 and is by far the worst-performing group in the S&P 500.  ( 26 min )
    US Treasury Yields Likely to Fall in The Next 6-12 Months, UBS Says
    The recent volatility in Treasury yields is expected to end and yields are likely to fall in the next six to twelve months, UBS said.  ( 24 min )
    Investors Flock to Battery Recyclers in Hunt for Climate Law Winners
    The new investments come despite market turbulence for clean-energy startups.  ( 23 min )
    Bitcoin, Ether decline as Dogecoin leads gains ahead of Elon Musk’s biography
    Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.  ( 32 min )
    Stocks to Watch Tuesday: Blackstone, Airbnb, Trip.com, Novo Nordisk
    ↗️ Blackstone (BX), Airbnb (ABNB): Shares in both companies rose premarket Tuesday after S&P Dow Jones Indices said late Friday that they would joi  ( 23 min )
    Morgan Stanley’s Wilson says too much optimism in stock prices
    (Bloomberg) -- US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe strategist’s warning contrasts with the rally on Wall  ( 32 min )
    Asia Oil & Gas Latest: Vitol Says LNG to Be Diverted to Europe
    (Bloomberg) -- The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of Iranian crude are among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which entered its second day in Singapore.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketWhy China Is Avoiding Us  ( 32 min )
    Euro Falls Due to Stronger Dollar; Focus Will Soon Turn to Next ECB Meeting
    The euro fell to a 12-week low against a broadly firmer dollar but Tuesday’s data calendar gives little hope for new direction for the single currency, DZ Bank Research said.  ( 24 min )
    Qualcomm to supply BMW and Mercedes with chips for displays, voice features
    U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW. Qualcomm is the leading supplier of the chips used in smartphones, a market that has slumped over the past year. But the company is also working with automakers to power various functions in vehicles, from infotainment systems to advanced driver assistance systems, and its automotive revenue grew 13% in its most recent quarter despite its smartphone outlook falling short of analyst estimates.  ( 32 min )
    Dollar Climbs Toward Six Month High Amid Rising US Yields
    (Bloomberg) -- A gauge of the dollar is marching toward levels last seen in March as Treasury yields pushed higher and traders mulled the possibility US interest rates may stay higher for longer. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe Bloomberg Dollar Spot Index rose 0.4% on  ( 31 min )
    Huawei’s Marquee Phone Launch Spurs Hunt for China Tech Winners
    (Bloomberg) -- The low-profile yet surprising release of a new phone by Huawei Technologies Co. last week has sparked a hunt for potential beneficiaries, on the bet it represents a jump forward in China’s domestic chipmaking.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyDiamond Prices Are in Free Fall in One Key Corner of the MarketTraders and inve  ( 32 min )
    Goldman Sachs cuts chances of US recession in next one year to 15%
    The continued positive inflation and labor market data led to the cut, Goldman Sachs Chief Economist Jan Hatzius wrote in a note. The investment bank said it expected reacceleration in real disposable income next year on the back of continued solid job growth and rising real wages. U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged in its policy meeting this month.  ( 31 min )
    Gold hits 1-week low as dollar strengthens after weak China data
    Gold prices edged lower on Tuesday as the dollar stood firm near recent highs, although trading was fairly muted with markets looking for more cues on the U.S. Federal Reserve's policy path after a widely expected interest rate pause this month. "Much remains to be seen if rate cuts in 2024 follow and to what extent," said Harshal Barot, a senior consultant at Metals Focus, adding that the possibility of U.S. interest rates remaining higher for longer will keep gold price rallies in check. And if the U.S. economy indeed sees a soft landing, there is potential for more downside in gold as some of the aggressive rate cut expectations in the second half of next year will be pared back, Barot said.  ( 32 min )
    Stock market today: Asian shares fall back amid selling of China property shares
    Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%.  ( 33 min )
    My dividends strategy continues to deliver
    Highly depressed markets have thrown up very attractive yields  ( 10 min )
    OpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa
    (Bloomberg) -- OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast Asia’s largest economy seeks to draw foreign investors. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapThe country’s immigration authority issued a 10-year  ( 31 min )
    Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
    (Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market debut in Hong Kong, people with knowledge of the matter said.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets Wrap  ( 33 min )
    Country Garden makes dollar debt payments in relief for China property sector
    Country Garden made interest payments on US dollar bonds hours ahead of deadline, pulling China's largest private property developer from the brink of default for the second time in four days.  ( 33 min )
    Oil Holds Advance as Traders Wait for Next OPEC+ Moves on Supply
    (Bloomberg) -- Oil traded near the highest level since mid-November after a surge driven by supply cuts from OPEC+ that have tightened the market.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapWest Texas Intermediate held above $85 a barrel in early Asian trading, 0.3% higher t  ( 31 min )
    Asia Stocks Fall as China Property Back in Focus: Markets Wrap
    (Bloomberg) -- Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedFutures in Japan and Australia point  ( 34 min )
    China's auto workers bear the brunt of price war as fallout widens
    As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning. For Chen, toiling through the early hours in his sweat-soaked uniform, it was the latest slap in the face after cuts in bonuses and overtime slashed his monthly pay this year to little more than a third of what he earned when he was hired in 2016. Chen, 32, who works for a joint venture between China's state-owned car giant SAIC and Germany's Volkswagen, is far from alone.  ( 35 min )
  • Open

    S&P Gains and Losses Today: Index Drops as Oil Prices, Interest Rates Rise
    U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.  ( 1 min )
    Markets Fall at Midday Amid Oil and Interest Rate Concerns
    U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.  ( 1 min )
    Saudi Arabia's Extended Production Cuts Could Mean Higher Oil Prices Ahead
    Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.  ( 1 min )
    5 Things to Know Before Markets Open
    Airbnb and Blackstone will join the S&P 500 and Disney urges Spectrum cable customers to use Hulu to access channels as its broadcasting dispute continues. Here’s what investors need to know today.  ( 1 min )
    Markets News, Aug. 18, 2023: Dow Breaks Losing Streak, Nasdaq Falls for Fourth Straight Day By Colin Laidley Updated Aug 18, 2023
    No content preview  ( 1 min )
  • Open

    Illumina Picks New CEO, but Shares Continue To Slide
    Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.  ( 1 min )
    Tesla Shares Surge After China-Made EV Sales Jumped in August
    Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.  ( 1 min )
    United Airlines Tech Issue Causes A Brief Ground Stop
    The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."  ( 1 min )
    Novo Nordisk Becomes Europe's Most Valuable Company as Wegovy Launches in UK
    Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.  ( 1 min )
    Arm Expected to Be Biggest US IPO So Far This Year
    U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion  ( 1 min )
    ICE Completes $11.9 Billion Acquisition of Black Knight After Settling FTC Concerns
    Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.  ( 1 min )
  • Open

    Perkins Loan: What It Was, How It Worked, and Repayment Rules
    From 1958-2017, Perkins loans provided low-interest loans to undergraduate and graduate students with exceptional financial needs.  ( 23 min )
    Is a Premium Checking Account Worth It?
    Premium checking accounts give you free checking and other perks in return for keeping a certain balance in the bank. Is that the best use of your money?  ( 21 min )
    Credit Card Authorized User: Definition, Risks, Impact on Credit
    A credit card authorized user is someone who has permission to use a credit card issued to another person. That can affect both their credit scores.  ( 23 min )
    Card Recovery Bulletin Definition
    A card recovery bulletin is a list of lost, stolen, counterfeit, or delinquent credit cards issued to help merchants detect and avoid fraud. It has largely been replaced by newer methods.  ( 23 min )
    Why Bank Bail-Ins Are the New Bailouts
    Public outcry over rescuing banks with taxpayer money in 2008 forced a switch in governmental tactics, making bail-ins the new bank bailouts.  ( 23 min )
    Average Credit Card Interest Rates - September 2023: Rates Move Up
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed an increase of an eighth of a point in the overall median available rate. These are the current rates as of September 2023.  ( 24 min )
    How Globalization Affects Developed Countries
    The increase in communications technology allows companies to complete in a global market.  ( 24 min )
    Personal Loan Rates & Trends, Week of Sept. 3, 2023: Rates Dip
    Personal loan rates reversed course this week, dipping to 20.96%, losing 15 basis points since last week when the average personal loan rate sat at 21.11%.  ( 18 min )
    Top CD Rates Today: Five New High-Yield Options
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.  ( 19 min )
    S&P Gains and Losses Today: Index Drops as Oil Prices, Interest Rates Rise
    U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.  ( 18 min )
    Discover Savings Account Interest Rates: September 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 24 min )
    The U.S. Government's Influence Over Oil Prices Is Waning
    The cost of gasoline is on the rise as crude oil prices have climbed steadily to 10-month highs, but any effort by the U.S. government to ease the burden on households could be less effective now than in the past.  ( 18 min )
    Don’t Avoid CDs Because You Fear Early Withdrawal Penalties
    Find out more about how CD early withdrawal penalties work, and how to determine when they may be worth overlooking.  ( 24 min )
    Rights Offering (Issue) Definition, Types, Pros and Cons
    A rights offering is a set of rights given to shareholders to purchase additional stock shares in proportion to their holdings.  ( 24 min )
    Tesla Shares Surge After China-Made EV Sales Jumped in August
    Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.  ( 17 min )
    Most Homebuyers Considering Climate Disaster Risks-But Not Necessarily Acting Accordingly
    The vast majority of homeowners are now considering climate disaster risks when they buy a new house, but many are still willing to accept those risks.  ( 18 min )
    Illumina Picks New CEO, but Shares Continue To Slide
    Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.  ( 17 min )
    What Happens if My Student Loans Are Not Forgiven?
    The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.  ( 25 min )
    Top Cities Where Airbnb Is Legal or Illegal
    Thinking of renting out your house or apartment on Airbnb? If so, make sure that you check your city's regulations first.  ( 26 min )
    Goldman Economists Cut Recession Chances To 15%
    Is the U.S. economy at last headed for a long-predicted recession? As economists digest the latest data, some are stowing their tray tables for a “soft landing” from the past two years of high inflation, while others are bracing for a crash.  ( 18 min )
    What Happens When Your Student Loans Are Forgiven?
    While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.  ( 27 min )
    Airbnb and Blackstone Shares Set For Price Bump On S&P 500 Inclusion
    Airbnb (ABNB) and trillion-dollar asset manager Blackstone (BX) are the latest companies to be included in the S&P 500 Index, which could boost their shares in the coming weeks.  ( 18 min )
    Student Loan Interest Rates
    Knowing the current student loan interest rates and ranges for September 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 25 min )
    More Than 4 Million Student Loan Borrowers Enrolled In New SAVE Repayment Plan
    As borrowers with federally held student loans prepare to resume payments, 4.1 million have enrolled in a new kind of repayment that takes less out of their budget each month.  ( 17 min )
    Mercantilism and the Colonies of Great Britain
    Exploring the effects of British mercantilism on its colonial economies, especially America.  ( 24 min )
    United Airlines Tech Issue Causes A Brief Ground Stop
    The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."  ( 17 min )
    Business Cycle Indicators (BCI): Meaning and Indicators
    Business cycle indicators are a composite of leading, lagging, and coincident indexes used to make economic forecasts.  ( 20 min )
    What Is a Decacorn?
    A decacorn is a private company valued at more than $10 billion. They typically are young, high-growth firms with venture capital funding, often in the technology and healthcare sectors.  ( 22 min )
    Why Are Price and Quantity Inversely Related According to the Law of Demand?
    The cost of a good is inversely correlated to its quantity demanded according to the law of demand in microeconomic theory.  ( 19 min )
    10 Steps to Help You Pay Off Student Loans Fast
    If you don’t want to spend a few decades paying off your student loans, you can take steps like paying while in school, activating autopay, and more to speed it up.  ( 24 min )
    Should You Refinance Your Student Loans?
    Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 24 min )
    Do Health Insurance Companies Drug Test?
    Insurance companies have the right to require drug tests for health and life insurance policies, but it is relatively uncommon to be requested. If however, you fail one, expect to see a rise in premiums.  ( 21 min )
    Can Defaulting on a Student Loan Reduce Social Security Benefits?
    Typically, the federal government may reduce your annual Social Security income by an average of $2,500 if you fail to repay a student loan. However, there are scenarios where this won’t apply.  ( 24 min )
    Equation of Exchange: Definition and Different Formulas
    The equation of exchange is a model that shows the relationship between money supply, price level, and other elements of the economy.  ( 20 min )
    The Best and Worst Olympics Financial Planning
    Though the Olympic Games are the pinnacle of sport, they also hold the potential to wreak a high level of financial havoc on their host country.  ( 25 min )
    M1 Finance vs. Betterment: Which Should You Choose?
    M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is good for setting financial goals, while M1 Finance may be better for automated investing.  ( 28 min )
    Warner Bros. Discovery Warns of Hit From Hollywood Strikes
    Warner Bros. Discovery shares gained as the entertainment giant raised its 2023 free cash flow guidance, but warned that Hollywood strikes would negatively impact its earnings.  ( 17 min )
    Markets Fall at Midday Amid Oil and Interest Rate Concerns
    U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.  ( 16 min )
    Investment Banking Series 79 Exam
    The Series 79 exam is a prerequisite for getting an entry-level job as an investment banking representative.  ( 25 min )
    How Student Loan Forgiveness Affects a Credit Report
    If you receive student loan forgiveness, your credit score may be positively impacted. While your debt is not erased, your debt-to-income ratio may go up, yielding a higher score.  ( 24 min )
    Goizueta Business School
    Goizueta Business School is the business school located at Emory University in Atlanta, Georgia.  ( 19 min )
    ICE Completes $11.9 Billion Acquisition of Black Knight After Settling FTC Concerns
    Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.  ( 17 min )
    Exculpatory Clause: What it is, How it Works, Limitations
    An exculpatory clause is a portion of a contract that relieves a party of liability if damages caused during the execution of the contract.  ( 18 min )
    30-Year Mortgage Rates Hovering Near 3-Week Low
    Averages for almost every mortgage type were flat or hovering, including rates on 30-year mortgages, which are holding just a bit above their three-week low.  ( 20 min )
    Interest Rate Sensitivity: Definition, What It Measures, and Types
    Interest rate sensitivity is a measure of how much the price of a fixed-income asset will fluctuate as a result of changes in interest rates.  ( 19 min )
    How to Recover from Student Loan Default
    For those who have defaulted on their student loans, the good news is you have a few options to help you recover from it.  ( 24 min )
    Saudi Arabia's Extended Production Cuts Could Mean Higher Oil Prices Ahead
    Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.  ( 19 min )
    Arm Expected to Be Biggest US IPO So Far This Year
    U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion  ( 18 min )
    Can the IMF Solve Global Economic Problems?
    The International Monetary Fund (IMF) is an important tool to help struggling countries, but it's not without its problems.  ( 26 min )
    Understanding The Currency Board vs Central Bank
    Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.  ( 20 min )
    Golden Hello Definition
    A golden hello is a signing bonus offered to a candidate from a rival company, specifically designed to entice employees of competing firms to leave.  ( 20 min )
    Organized Labor's Summer Uprising and the Future of Unions
    It's been the summer of discontent for labor unions across industries, and the future of the way millions of people work and earn is in the balance. Suresh Naidu, Professor of Labor Economics at Columbia University, joins the show to explain the dynamics.  ( 19 min )
    Which Student Loans Should I Pay Off First?
    Deciding which student loans to pay off first can feel like a daunting task. Let’s look at the different types of student loans and how to decide which to pay off first.  ( 27 min )
    How to Evaluate a Robo-Advisor
    As Robo-Advisors become more popular, it becomes more important to learn how to gauge between the different services on offer, from expenses, to fees, to minimum balances, etc.  ( 26 min )
    Is a Robo-Advisor Right for You?
    A robo-advisor provides low-cost investment services over the internet. Is using a robo-advisor a good idea? We answer that here.  ( 27 min )
    Robo-Advisor Tax-Loss Harvesting: What It Means, How It Works
    Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.  ( 26 min )
    What Type of Brokerage Account Is Right for You?
    Which type of brokerage account you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.  ( 29 min )
    Novo Nordisk Becomes Europe's Most Valuable Company as Wegovy Launches in UK
    Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.  ( 17 min )
    Wealthfront vs. Merrill Guided Investing: Which Should You Choose?
    Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.  ( 26 min )
    How to Apply for Student Loans
    How to weigh all of your college loan choices, including federal subsidized and unsubsidized loans, parent PLUS loans, and private loans.  ( 25 min )
    6 Reasons to Beware of Market-Linked CDs
    Market-linked CDs sound great on the surface but have a significant downside. Consider the whole picture before you invest.  ( 23 min )
    Next Fed Meeting: When It Is in September and What To Expect
    The Fed raised rates to 5.25%–5.50% at its July meeting, resuming a its 11th hike after a temporary pause in June.  ( 26 min )
    Infant-Industry Theory: Definition, Main Arguments, and History
    The infant-industry theory states that new industries in developing countries need protection against competitive pressures until they mature.  ( 18 min )
    The Controller's Career Path and Qualifications
    Find out what it takes to become a financial controller, starting with educational requirements and professional certification.  ( 19 min )
    Minimum Balance: Definition, Requirements, and Margin Accounts
    The minimum balance is the minimum amount that a customer must have in an account to get a service, such as keeping the account open.  ( 22 min )
    What Is Hong Kong SAR, China? Importance in Finance
    Hong Kong is a financial and business center in China, known as a special administrative region (SAR).  ( 23 min )
    5 Things to Know Before Markets Open
    Airbnb and Blackstone will join the S&P 500 and Disney urges Spectrum cable customers to use Hulu to access channels as its broadcasting dispute continues. Here’s what investors need to know today.  ( 18 min )
    How Bank of New York Mellon Makes Money: Investment Services and Management
    With a centuries-old history, BNY Mellon can still attract and retain its clients the old-fashioned way, while growing this company to gigantic proportions.  ( 24 min )
    Betterment vs. Merrill Guided Investing: Which Should You Choose?
    Compare Betterment and Merrill Guided Investing, two top robo-advisors that can assist you with automated investing and learn which one is right for your finances.  ( 28 min )
  • Open

    ABN AMRO: Economie groeit dit jaar nauwelijks meer door inflatie en lage export
    De Nederlandse economie zal in de rest van dit jaar nauwelijks nog groeien. Dat verwacht ABN AMRO, dat de prijsstijgingen en relatief beperkte handel met het buitenland als oorzaken ziet. Volgend jaar is er vermoedelijk wel een kleine groei.  ( 4 min )
    Bagagesjouwers op Schiphol doen nog steeds te zwaar werk, inspectie grijpt in
    Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )
    NU+ | Eén exotische waterplant kan volledig ecosysteem om zeep helpen
    Invasieve exoten veroorzaken jaarlijks wereldwijd bijna 400 miljard euro schade. Dat bleek maandag uit een VN-rapport. Wat is het probleem eigenlijk? En speelt dit ook in Nederland?  ( 5 min )
    T-Mobile-directeur over nieuwe naam Odido: 'Even wennen voor de klanten'
    T-Mobile en Tele2 heten voortaan Odido (spreek uit: o-díé-do). Directeur Søren Abildgaard snapt wel dat mensen aan die naam moeten wennen. "Dat zullen mensen ook hebben gedacht toen Google net begon: wat een rare naam."  ( 5 min )
    Bagagesjouwers op Schiphol doen nog steeds te zwaar én te onveilig werk
    Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )
    Kadaster gaat persoonlijke gegevens voor meer mensen afschermen
    Het Kadaster neemt binnenkort maatregelen om de bescherming van adresgegevens te verbeteren. Vanaf medio oktober kunnen veel minder mensen op naam zoeken in het register, waarin informatie over het bezit van woningen en ander vastgoed staat.  ( 5 min )
    Ook kledingketen Shoeby in de problemen door nasleep coronacrisis
    Modeketen Shoeby zit in de problemen en probeert een faillissement te voorkomen. Het bedrijf kwam in moeilijkheden tijdens de coronacrisis en wil tot een akkoord komen met schuldeisers.  ( 3 min )
    Olieprijs op hoogste punt van het jaar door lagere productie in Rusland
    De prijs voor een vat Noordzeeolie steeg dinsdag voor het eerst in tien maanden tot boven de 90 dollar (84 euro). Dit kwam doordat Rusland bekendmaakte dat het zijn olieproductie langer beperkt. Saoedi-Arabië doet hetzelfde.  ( 4 min )
    Dwangsom voor zes bedrijven die bagage verwerken op Schiphol
    Zes bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )
    Personeel Big Bazar voorkomt voorlopig dat keten failliet gaat
    Het noodlijdende Big Bazar krijgt opnieuw extra tijd om een akkoord met schuldeisers te sluiten. De koopjesketen rekende zelf op een naderend bankroet na een gerechtelijke uitspraak op maandag. Een dag later wist de ondernemingsraad een faillissement voorlopig af te wenden.  ( 4 min )
    T-Mobile verandert van naam en gaat verder als Odido
    T-Mobile Nederland heet voortaan Odido (spreek uit: o-díé-do). Het telecombedrijf gaat verder als onafhankelijk Nederlands merk en maakt van onbeperkt bellen en internetten de standaard. Ook de merknaam Tele2 wordt vervangen door Odido.  ( 5 min )
    TikTok bewaart jouw gegevens voortaan in Europa
    Filmpjesapp TikTok slaat de data van Europese gebruikers voortaan op in een nieuw datacenter in het Ierse Dublin. Het socialenetwerkbedrijf zegt daarmee aan de Europese privacyregels te voldoen.  ( 3 min )
    Duitsland wil miljard euro investeren in kernfusiecentrale
    De Duitse regering steekt de komende vijf jaar ruim 1 miljard euro in onderzoek naar kernfusie. "Fusie is een enorme kans om al onze energieproblemen op te lossen", zegt de Duitse minister van Onderwijs en Onderzoek Bettina Stark-Watzinger.  ( 3 min )
    Je mobieletelefoonrekening bij KPN en Vodafone gaat in oktober flink omhoog
    Mensen die langer dan drie maanden een mobiel abonnement bij KPN of Vodafone hebben, krijgen op 1 oktober een flinke prijsverhoging voor de kiezen. Vodafone verhoogt zijn tarieven met 10 procent en KPN met maximaal 2,50 euro per maand.  ( 4 min )
    Veel huizenbezitters willen huren, terwijl huurders juist willen kopen
    Veel Nederlanders met een huurhuis zouden liever kopen. Tegelijkertijd zijn er huizenbezitters die juist graag willen huren. Volgens economen van De Nederlandsche Bank (DNB) is er bij 1,8 miljoen huishoudens sprake van een mismatch.  ( 4 min )
    Frankrijk wil 'vleesachtige' namen voor vleesvervangers verbieden
    Binnenkort kom je misschien geen plantaardige 'biefstuk' of 'spareribs' meer tegen in de Franse supermarkt. De Franse regering wil het gebruik van dierlijke namen voor plantaardige alternatieven aan banden leggen.  ( 3 min )
    Burn-out onder jongeren steeds groter probleem, vooral bij vrouwen
    Steeds meer jonge werkenden hebben last van burn-outklachten. Bij jonge mannen heeft bijna een kwart (23 procent) te maken met dit soort klachten, bij vrouwen is dat zelfs bijna een op de drie (29 procent). Dat blijkt uit cijfers van kennisinstituut TNO en statistiekbureau CBS.  ( 5 min )

  • Open

    These 2 AI Stocks Under $5 Have Triple-Digit Upside Potential, Says Analyst
    We live in a digital world, powered by a digital economy, and that means that in the long term, we should look to the tech sector for strong stock results. Specifically, we need to be cognizant of AI. AI stocks have been in the public market for several years now, as the technology has made inroads into various niches – interactive chatbots, of course, but also autonomous vehicles, robotics, warehousing… even online content writing. There’s no doubt that AI is here to stay, and there’s no doubt  ( 34 min )
    Charlie Munger pockets $70,000 a year from a $1,000 investment he made in 1962 - and has likely raked in over $1 million in total
    Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.  ( 31 min )
    Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
    Warren Buffett oversaw a nearly 3,800,000% rise in Berkshire Hathaway stock between 1965 and 2022, crushing the S&P 500's 25,000% gain in that period.  ( 32 min )
    Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out
    (Bloomberg) -- In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel and kids are returning to classrooms.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedThe one thing that ha  ( 38 min )
    Here are 6 ways the rich save big on taxes, from putting mansions in trusts to guaranteeing inheritance for future generations
    What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.  ( 33 min )
    The Tipping Point In Global Oil Demand
    The adoption of EVs has had little impact on oil demand since 2010, but faster adoption may lead to peak oil demand later this decade  ( 35 min )
    The 'Wizard of Wharton' says stocks are on solid ground - and house prices are shaking off mortgage pain
    No content preview
    From Ukrainian noodles to electric cars. Here's how VinFast founder Pham Nhat Vuong built a more than $60 billion fortune
    No content preview
    Pot stocks just notched their biggest weekly rally since March 2020 amid hopes of a lower-risk rating from the DEA
    No content preview
    What Wall Street is telling employees about returning to the office, from Goldman Sachs to JPMorgan and Blackstone
    No content preview
    Werner hit with more than $36 million jury award in its failure to hire deaf driver applicant
    A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018 The post Werner hit with more than $36 million jury award in its failure to hire deaf driver applicant appeared first on FreightWaves.  ( 34 min )
    Business guru Scott Galloway touts his Apple and Amazon bets — and trumpets the power of Warren Buffett-style investing
    No content preview
    Stocks tend to plummet in September - but expect a better month this year, Bank of America says
    No content preview
    What to Expect in the Markets This Week
    Coming up this week: PMI surveys, the Fed's Beige Book, and an inflation reading from China  ( 19 min )
    Fidelity or Charles Schwab: Which Brokerage Is Really Better?
    No content preview
    Does a Beneficiary Designation Overrule a Will?
    No content preview
    Protect Your Assets From Nursing Homes With This Tool
    No content preview
    Are Nursing Home Expenses Tax-Deductible?
    No content preview
    Can Revocable Trusts Protect My Assets From Creditors?
    No content preview
    Barclays Warns of Bond Risk Few Creditors Are Pricing Right
    (Bloomberg) -- Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to a study by analysts at Barclays Plc.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupThe risk in question is the failure of countries to adequately  ( 33 min )
    How to Stop Nursing Homes From Taking Your Life Insurance From a Beneficiary
    No content preview
    Worried About Nursing Home Costs? Here Are Your Options
    Long-term care in residential facilities like nursing homes is a financial challenge for many. When dealing with a loved one who is disabled, elderly or ill, families often try every other kind of long-term care facility first. Because nursing homes … Continue reading → The post Nursing Home Costs: How You Can Cover Them appeared first on SmartAsset Blog.  ( 34 min )
    Are My Assets Safe if a Spouse or I Go into a Nursing Home?
    No content preview
    Survey: Nearly 80% of Americans Don't Want The Retirement Age Raised
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 32 min )
    Kevin O'Leary Has Strong Thoughts About Warren Buffett's $8 Billion Stock Sale
    In this year's second-quarter earnings, Warren Buffett's Berkshire Hathaway Inc. revealed it had divested $8 billion in stocks. Immediately, financial news reporters with their fingers on the market's pulse began wondering what was up. Was this a hedge against an impending recession or possibly the precursor to a market nosedive? Steve Hanke, a prominent economist and academic at Johns Hopkins University in Baltimore, weighed in on the financial maneuver to Business Insider. He pointed out that  ( 33 min )
    USD/JPY Forecast – US Dollar Continues to Threaten Breakout
    The US dollar has rallied slightly against the Japanese yen during the trading session on Monday, but keep in mind it was Labor Day and the US.  ( 32 min )
    Arm’s Pricing Shows It Isn’t Nvidia. It’s Still Set to Be the Biggest IPO of the Year.
    British chip designer Arm is eyeing a valuation between $50 billion and $55 billion for its IPO on the Nasdaq, according to The Wall Street Journal, citing people familiar with the matter.  ( 23 min )
    Will PNC buy a bank in 2023?
    “The vision is to create a national banking network. They’re going to have to buy fill-ins."  ( 23 min )
    Net zero ban on petrol cars means EU and Britain cannot compete with China, says BMW chief
    A net zero ban on petrol and diesel cars means European car makers risk being wiped out by cheaper Chinese competition, the chief of BMW has warned.  ( 31 min )
    Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030
    Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show. Europe's EV market had grown significantly in recent years but likely wouldn't be ready for all-electric sales by 2030, Kaellenius said on the sidelines of the Munich show. "It's not going to be 100% in 2030, obviously... from the whole European market, but probably from the Mercedes side as well," he said.  ( 30 min )
    Nvidia, Tesla, Apple Stocks All Had a Great Week. Bring On September.
    This month is historically difficult for stocks. Investors will be hoping the momentum of several big companies can continue.  ( 23 min )
    Five Stocks Bear This Elite Leadership Mark. All Are Actionable.
    No content preview
    Brazil's Petrobras walks back 4 divestment processes after review
    Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launched during the country's previous administration. The oil giant said in a securities filing it will no longer sell the onshore Urucu and Bahia-Terra clusters, as well as the Manati oilfield and Petrobras Operaciones, its subsidiary in Argentina. The divestment processes had been kicked off by Petrobras' previous management under former President Jair Bolsonaro, as the company sought to sell non-core assets to focus on deepwater oil exploration and reduce its debt.  ( 32 min )
    Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'
    Tharman Shanmugaratnam, who has previously called crypto "purely speculative" and "slightly crazy," was officially elected as Singapore's president early Saturday morning.  ( 31 min )
    Russia says it will not let foreign banks exit the market easily — unless they unfreeze Russian assets
    No content preview
    Labor Day shopping comes amid signs of stress at some large retailers
    Target, Walmart, Kohl's, Lowe's, and Home Depot are among the retailers open and looking to bolster business this Labor Day weekend.  ( 35 min )
    Stock Market Holidays 2023: Is Wall Street Closed For Labor Day?
    No content preview
    BYD, XPeng Stocks Rise. Chinese Brands Face Off With Tesla at Key Auto Show.
    BYD and XPeng are showing off new electric vehicles for the European market at the IAA Mobility event in Germany. Tesla is also appearing for the first time in ten years.  ( 22 min )
    Xpeng says it plans to expand into more European markets next year
    Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France in 2024, president Brian Gu told reporters on Monday at the IAA Mobility motor show in Munich. China's EV makers are seeking to expand in the region, aiming for higher margins and faster growth in overseas markets and challenging European companies on their home turf with cheaper models. While their EV sales picked up rapidly in South East Asia and South America, the European market has remained difficult for Chinese auto brands.  ( 31 min )
    Treasury Yields Are Moving. Where They’re Going Next.
    Treasury 10-year yields have risen again lately, but why it may not last.  ( 22 min )
    Alibaba, JD.com Stocks Surge. Why China’s Property Stimulus Is Boosting Tech Giants.
    The large e-commerce companies have become sensitive to macroeconomic developments in recent weeks, given their reliance on the health of the consumer.  ( 22 min )
    Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
    The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.  ( 32 min )
    Bitcoin, Ether remain under key levels; Sol leads gains in top 10 cryptos
    Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.  ( 32 min )
    Inside a Sales Army Turning a Tax Break Into a Modern-Day Gold Rush
    Thousands of individuals are referring neighbors and local businesses to a firm that has pursued billions in IRS refunds and created a bonanza for itself.  ( 26 min )
    J&J’s $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
    The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses.  ( 26 min )
    China Rebound Leads Global Stocks Higher. Goldman Says there is More Stimulus to Come.
    Global stocks climbed Monday, driven by a Chinese rebound as authorities eased mortgage rules to boost the country’s ailing property sector.  ( 22 min )
    US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn
    (Bloomberg) -- US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co.Most Read from BloombergMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupHuawei Teardown Shows Chip Breakthrough in Blow to US Sanctions“There is complacency in sentiment evident, VIX is near record low and positioning has increased” to above-average l  ( 31 min )
    Hedge funds drop short trades on U.S. regional banks - Goldman
    Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, according to a Goldman Sachs note, just as bank stock prices began to rise. U.S. financial services companies including banks, trading firms and those working in capital markets were among the most sought-after stocks in the week ended Sept. 1, according to the note by Goldman's prime brokerage desk, which serves hedge funds. The ratio of long trades compared with short positions on U.S. regional banks has risen by 26% since a year low in mid-July 2023, when traders were mostly short the sector, the bank said.  ( 31 min )
    Tesla's China-made EV deliveries rise 9.3% y/y in August
    U.S. automaker Tesla sold 84,159 China-made electric vehicles (EVs) in August, a 9.3% rise from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Sales of China-made Model 3 and Model Y cars rose 30.9% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, recorded deliveries of 274,086 passenger vehicles in August, a jump of 57.5% year-on-year.  ( 31 min )
    Binance global head of product Mayur Kamat resigns
    Kamat's exit follows a recent executive exodus from Binance that includes Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng. The cryptocurrency exchange has lately been under heavy regulatory scrutiny in the United States, with regulators aggressively clamping down on what they deem are illegal activities.  ( 30 min )
    Asia Oil Latest: Black Gold Says Chinese Oil Demand to Jump
    (Bloomberg) -- The outlook for oil prices, crude demand in top importer China, and the longevity of OPEC+ supply cuts are set to be among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which kicked off in Singapore on Monday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing  ( 31 min )
    Turkish Inflation Nears 60%, Piling Pressure on Central Bank
    (Bloomberg) -- Turkish inflation accelerated to the fastest this year, underscoring the central bank’s challenge as it raises interest rates to try to end a cost-of-living crisis.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedWith food and energy costs on the rise, the pace of ann  ( 31 min )
    Euro Struggles Versus Dollar as US, Eurozone Economic Performances Diverge
    The euro has had a tough time against the dollar since mid-July, depreciating by 4.5% over that period, due to a diverging economic performance between the eurozone and the U.S., DZ Bank Research said.  ( 24 min )
    Bosch expects sales in core mobility division to grow 10% in 2023
    Bosch, the world's top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said at the IAA Munich car show, adding the group's prospects remained positive despite a challenging environment. In the mobility sector - the group's biggest division, making sophisticated safety systems as well as autonomous car components - sales are expected to grow by a "solid 10% in 2023" after adjusting for exchange-rate effects. In 2022, the unit's exchange rate-adjusted sales grew 12.1% to 52.6 billion euros ($56.7 billion), accounting for 60% of Bosch's total revenues.  ( 30 min )
    Net zero ban on petrol cars is fuelling China price war, says BMW chief - latest updates
    European car manufacturers are being forced into a price war with Chinese companies as the EU pushes ahead with plans to ban combustion engines, the boss of BMW has warned.  ( 30 min )
    Munich car show shines spotlight on China competition in EV race
    European carmakers must prove their ability to compete with new Asian players in the electric age on everything from product and financial strategy to controlling the supply chain, industry analysts and executives said at Munich's IAA mobility show. About 41% of exhibitors at this year's event are headquartered in Asia, with the number of Chinese companies having more than doubled, including players across batteries and EV production such as BYD, CATL and XPeng. "Europe needs to stop being naive from a macroeconomic point of view in the face of China," Gilles Le Borgne, Renault's engineering head, told journalists on Sunday, pointing to the country's control of the full battery supply chain.  ( 32 min )
    Marketmind: Asia mood lifts as China's small steps add up
    Asian stocks have extended last week's rally, led by China shares, amid talk that all of Beijing's small policy steps might actually add up to real stimulus at some stage. Japanese shares have also been doing well, with the Topix marking a 33-year high in the wake of data showing recurring profits at Japanese companies hit a record in the second quarter. Companies are holding an astonishing 555 trillion yen ($3.80 trillion) of earnings in reserve, which is more than the entire 447 trillion market capitalisation of the Topix.  ( 32 min )
    Arm IPO Expectations Tempered by Reality as Roadshow Kicks Off
    (Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank  ( 32 min )
    Arm IPO expectations tempered by reality as roadshow kicks off
    (Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank  ( 32 min )
    Gold climbs back towards 1-month peak on Fed pause bets
    Gold prices climbed on Monday towards a one-month peak scaled in the previous session, supported by a slight pullback in the dollar and prospects that the U.S. Federal Reserve would take a pause from interest rate hikes this year. Spot gold gained 0.3% to $1,944.91 per ounce by 0518 GMT, after climbing to as high as $1,952.79 on Friday. Data on Friday showed U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, strengthening the case of an interest rate pause this month that weighed on the dollar.  ( 32 min )
    Is the Stock Market Open Today? These Are the Trading Hours for Labor Day.
    Labor Day became an official federal holiday in 1894.  ( 22 min )
    Stock market today: Asian shares surge after Wall St gains on signs the US jobs market is cooling
    Stocks were higher in Asia on Monday after Wall Street was boosted by a report that signaled the US jobs market, while still healthy, is showing some signs of cooling. “It appears that global markets are primed to be smitten with the idea of a ‘Nirvana’ Fed tightening outcome, entailing the ‘immaculate dis-inflation’ that does not cause employment pain,” Tan Boon Heng of Mizuho Bank said in a commentary.  ( 33 min )
    Oil Steadies After Hitting Highest Since November on OPEC+ Cuts
    (Bloomberg) -- Oil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneWest Texas In  ( 30 min )
    Albemarle Raises Bid for Australia’s Liontown Resources to $4.25 Billion
    The deal would be one of the largest in the lithium-mining industry.  ( 26 min )
    Asia Stocks Rise on China and Fed Outlook Hopes: Markets Wrap
    (Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G  ( 32 min )
    Chinese Developer Stocks Jump on Easing Mortgage Policy
    Shares of Chinese property developers rose sharply, as more major cities said over the weekend that they would ease mortgage policies in a bid to shore up the real-estate sector.  ( 25 min )
    Chinese Stocks in Hong Kong Jump After More Property Easing
    (Bloomberg) -- Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major cities. Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,0  ( 31 min )
    Oil Rises as Concern Over Higher Supply Ease
    Oil rose in early Asian trade amid easing investor concerns over higher supply.  ( 24 min )
    Bitcoin flat below US$26,000 as rate hike woes cool down
    Bitcoin edged up on Monday morning in Asia but remained below US$26,000. Ether also stayed range-bound at around US$1,650.  ( 32 min )
    Oil rises on China, US economic data and OPEC+ cut expectations
    Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.  ( 32 min )
    Oil rises on China, US economic data and OPEC+ cut expectations
    Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.  ( 32 min )
    Asia shares extend rally as China mood turns less bleak
    Asian shares inched higher on Monday as markets wagered the Federal Reserve was done raising U.S. interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy. More policy action is also expected from Beijing, including relaxing restrictions on home buying. MSCI's broadest index of Asia-Pacific shares outside Japan inched up another 0.1%, having bounced 2.3% last week.  ( 32 min )
    Stock Market Rally Is Set to Weather Higher Bond Yields, Investors Say
    (Bloomberg) -- This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted Gone  ( 34 min )
  • Open

    Top CDs Today: Rates Jump For 3- and 5-Year Terms
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more  ( 21 min )
    Lehman Formula: Definition and Calculation Examples
    Lehman Brothers developed the Lehman formula to determine the commission an investment bank should receive for arranging client transactions. ​​​​  ( 26 min )
    Endogenous Growth Theory: Definition, History, and Criticism
    Endogenous growth theory maintains that economic growth is primarily the result of endogenous and not external forces.  ( 18 min )
    Troubled Asset Relief Program (TARP), What It Was, How It Worked
    The Troubled Asset Relief Program (TARP) created and run by the U.S. Treasury following the 2008 financial crisis and was designed to stabilize the financial system.  ( 21 min )
    Private Good: Definition, Examples, Vs. Public Good
    A private good is one that benefits only the one consuming it, at the exclusion of all others.  ( 18 min )
    What Are Deficits? Definition, Types, Risks, and Benefits
    A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.  ( 22 min )
    Time-Preference Theory of Interest: Overview and History
    The time preference theory of interest explains interest rates in terms of people's preference to spend in the present over the future.  ( 19 min )
    The Consumer Price Index Is a Friend to Investors
    As a measure of inflation, this index can help you make key financial decisions.  ( 20 min )
    What Is Emigration? Definition, Reasons, and Economic Impact
    Emigration is the relocation of people from one country to reside in another. Discover more about Emigration here.  ( 19 min )
    Labor Strikes Unlikely to Slow as ‘Hot Strike Summer' Comes to a Close
    High-profile strikes in Hollywood and the threat of one in Detroit have earned this season the name the "summer of strikes," but the abundance of work disruptions may be a reflection of a sustained uptick in strikes in recent years rather than a unique hot period for union action.  ( 19 min )
    Understanding Deflation vs. Disinflation
    Deflation is a decrease in general price levels, while disinflation is what happens when price inflation slows down temporarily.  ( 19 min )
    Economics Report: Compare and Contrast India vs. Brazil
    Find out why Brazil and India, two of the largest and most important emerging market economies, appear to be headed in very different directions.  ( 23 min )
    Bullet Dodging Definition
    Bullet dodging is a shady employee stock option granting practice, in which grants are delayed until after bad news about the company has been made public.  ( 19 min )
    What Is a Canadian Guaranteed Investment Certificate (GIC)?
    A guaranteed investment certificate is a deposit investment security that Canadian banks and trust companies sell.  ( 19 min )
    Women’s Health Savings Lag Men’s Even Though They’re Expected To Live Longer
    Women are expected to live longer than men and can accrue higher medical costs over that lifespan. Yet, their health savings account balances on average lag men's by 15%, a new study found.  ( 18 min )
    Equity Research Analyst: Career Path and Qualifications
    Find out what equity research analysts do on a day-to-day basis, and learn more about the typical career progression for these securities professionals.  ( 21 min )
    Participation Rate vs. Unemployment Rate: What's the Difference?
    The participation rate and unemployment rate are both used to gauge the health of the job market but in completely different ways.  ( 23 min )
    Wholesale Price Index (WPI): What It Is and How It's Calculated
    A wholesale price index (WPI) is an inflation indicator that measures change in the overall price level of goods before they are sold at retail.  ( 18 min )
    The Downside of Low Unemployment
    According to some pundits, the unemployment rate can be too low. Read on to find out why they think so.  ( 21 min )
    U.S. Treasury vs. Federal Reserve: What’s the Difference?
    Find out how the U.S. Treasury and Federal Reserve create and implement policies to manage the economy and keep it stable.  ( 24 min )
    The Impact of Ending the U.S. Embargo on Cuba
    Many argue that ending the embargo on Cuba will not only make U.S. consumers happy, but also help Cuba's economy and bring greater freedom to the country.  ( 24 min )
    The Bloomberg Terminal: Step By Step
    Bloomberg is synonymous with investment information. Its media outlet and software/hardware are used by most, if not all, professional money managers.  ( 23 min )
    Classified Insurance: What it Means, How it Works
    Classified Insurance is coverage provided to a policyholder that is considered more risky and thus less desirable to the insurer.  ( 19 min )
    Cleared Funds: Definition, How They Work, Importance, and Example
    Cleared funds are the money available in an account that can be used immediately since it has completely transferred to the user's account.  ( 20 min )
    Valued Policy State: What it is, How it Works, Controversy
    Valued Policy Law (VPL) is a statute that requires insurance companies to pay the full value of a policy to the insured in the event of a total loss.  ( 19 min )
    Blanket Insurance Definition, What It Covers, Who Needs It
    Blanket insurance covers many types of property in one place, the same type of property in many places, or numerous properties in multiple places.  ( 18 min )
    Contributory Value Definition
    Contributory value is the value contributed by a component or part to the total value of the whole.  ( 18 min )
    Actual Total Loss: Definition, Valuation, Vs. Constructive
    Actual total loss is a loss that occurs when an insured property is totally destroyed, lost or damaged to such an extent that it cannot be recovered.  ( 23 min )
    Personal Injury Protection: What it is, How it Works
    Personal injury protection (PIP) is a feature of auto insurance that covers medical expenses related to a car accident. It’s also known as “no-fault insurance.”  ( 22 min )
    5 Reasons Why Supply-Side Economics Does Not Work
    Tax cuts, deregulation, and fiscal austerity aren’t necessarily a recipe for economic growth. Here’s why some economists disagree.  ( 24 min )
    What Is a Participating Policy? Definition and How It Works
    A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.  ( 22 min )
    Insurance in the Age of Obamacare
    Forget the doomsday scenarios. The insurance industry is doing just fine, despite all attempts to derail the health care reform law.  ( 22 min )
    Brinkmanship Definition
    Brinkmanship is a negotiating technique where one party aggressively pursues a set of terms so that the other party must either agree or disengage.  ( 22 min )
  • Open

    Aantal mode- en schoenenwinkels sinds coronacrisis met 10 procent gedaald
    Het aantal modewinkels in ons land is sinds de coronacrisis met 10 procent gedaald. De hardste klappen zijn gevallen bij schoenenwinkels, damesmode en kinderkleding.  ( 3 min )
    Veel geldnood bij jeugdzorg en gehandicaptenzorg
    Veel zorginstellingen hebben het financieel moeilijk en komen in de rode cijfers terecht. Onder meer de jeugdzorg en de gehandicaptenzorg zitten vaak in geldnood. Maandag bleek al dat er ook veel problemen zijn in de ouderenzorg.  ( 3 min )
    NU+ | Afrikaanse klimaattop van start in Kenia, waar een nieuw geluid klinkt
    Leiders van 54 Afrikaanse landen komen deze week voor een driedaagse klimaattop bijeen in Kenia. De top moet hun gezamenlijke stem versterken in aanloop naar de VN-klimaattop in november. Die stem verandert wel: Afrika ziet tegenwoordig óók kansen.  ( 5 min )
    Frankrijk werkt aan plan voor onbeperkt reizen met ov naar Duits voorbeeld
    Frankrijk wil net als in Duitsland een ov-kaart voor een vast bedrag per maand invoeren. Daarmee kunnen reizigers maandelijks onbeperkt gebruikmaken van bijvoorbeeld regionale treinen. Dat bevestigde de Franse president Emmanuel Macron maandag.  ( 4 min )
    In 100 woorden | Waarom fossiele subsidies eigenlijk geen subsidies zijn
    Van de overheid geld krijgen voor bijvoorbeeld de aanschaf van een elektrische auto. Zo kennen we de term 'subsidie'. Dat ligt bij fossiele subsidies net even anders. Dit is het verschil.  ( 2 min )
    Langstudeerders uit arme gezinnen krijgen toch energietoeslag
    Studenten die langer over hun studie doen, komen toch in aanmerking voor een eenmalige energietoeslag als hun ouders een laag inkomen hebben. Dat meldt demissionair minister Carola Schouten van Armoedebeleid maandag.  ( 4 min )
    STAP-budget keert terug, maar 1.000 euro voor mindfulness kan niet meer
    Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat op 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.  ( 4 min )
    Veerdienst Holland Norway Lines toch failliet, klanten zijn waarschijnlijk geld kwijt
    Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.  ( 4 min )
    Aantal bewoners met huurachterstand bij woningcorporatie is licht gestegen
    Het aantal huishoudens met een huurachterstand bij een woningcorporatie groeide met bijna 4 procent in 2022 ten opzichte van een jaar eerder. Ook klopten meer huurders bij de corporaties aan voor een betalingsregeling.  ( 3 min )
    Big Bazar rekent op faillissement na afwijzing afkoelingsperiode
    Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daardoor is de kans groot dat de koopjesketen dinsdagochtend failliet wordt verklaard, zegt Oscar van Oorschot, de advocaat van Big Bazar.  ( 4 min )
    Nieuwe ronde STAP-budget geldt alleen nog voor erkende opleidingen
    Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.  ( 3 min )
    Erdogan heeft goede hoop op doorstart van graandeal na afspraak met Poetin
    De Turkse president Recep Tayyip Erdogan zegt vertrouwen te hebben in een snelle herstart van de graandeal. Hij sprak maandag met de Russische president Vladimir Poetin, die het akkoord in juli liet klappen.  ( 4 min )
    Big Bazar krijgt geen extra tijd om met schuldeisers om tafel te gaan
    Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daarmee is een faillissement van de koopjesketen dichterbij.  ( 3 min )
    In 100 woorden | Dit gebeurt er als je doorrijdt na een ongeluk
    Twee voetgangers kwamen zaterdagavond om het leven vanwege een aanrijding door een bestelbus. De bestuurder reed na het ongeluk door. Op ons reactieplatform NUjij vroegen lezers zich af: wat zijn de regels als je doorrijdt na een ongeval?  ( 3 min )
    Veerdienst Holland Norway Lines toch failliet, klanten geld kwijt
    Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.  ( 3 min )
    NU+ | Met deze tips haal je het einde van de maand én vul je je spaarrekening
    Voor mensen met een gat in hun hand, voor wie de maand altijd net te lang duurt en voor diegenen die door de duurdere boodschappen moeilijker rondkomen: voor hen vroeg NU.nl aan twee experts hoe je toch een spaarpotje kunt opbouwen.  ( 5 min )
    Ziggo-klanten krijgen vanaf oktober sneller internet
    Internetprovider Ziggo verhoogt op 2 oktober de internetsnelheden van alle abonnementen. Bij de drie kleinste abonnementen verdubbelt de downloadsnelheid. De duurste abonnementen krijgen een hogere uploadsnelheid.  ( 3 min )
    Prijzen in Turkije blijven ondanks hogere rente zeer hard oplopen
    De prijzen in Turkije waren vorige maand gemiddeld 59 procent hoger dan een jaar eerder. Dat is een groter verschil dan de 48 procent in juli.  ( 4 min )
    Vanaf nu kan je per uur zien wat je stroom kost bij energieleveranciers
    Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten. Daarbij wisselen de stroomtarieven per uur en geldt voor gas dagelijks een andere prijs. Eneco is de eerste van de grote energiemaatschappijen die zo'n contract aanbiedt.  ( 3 min )
    Alarmerende geldproblemen in de ouderenzorg: 'Faillissementen liggen op de loer'
    Steeds meer instellingen voor ouderenzorg zitten in financiële moeilijkheden. Als er niets verandert, zijn faillissementen volgens accountantskantoor BDO onvermijdelijk.  ( 4 min )
    Binnenkort kan je per uur zien wat je stroom kost bij Eneco
    Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten, waarbij de stroomtarieven per uur wisselen en voor gas dagelijks een andere prijs geldt. Eneco is de eerste van de grote energiemaatschappijen die zo’n contract aanbiedt.  ( 3 min )
    NU+ | Houdt Google zich 25 jaar na de start staande tegen ChatGPT-geweld?
    Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.  ( 4 min )
    Milieuclubs: Nederland besteedt elk jaar 37,5 miljard aan fossiele subsidies
    De Nederlandse overheid loopt nog meer geld mis door fossiele subsidies dan tot nu toe werd gedacht. Dat stellen drie grote milieuorganisaties na onderzoek in samenwerking met de TU Eindhoven. In totaal gaat het om 37,5 miljard euro per jaar.  ( 4 min )
    NU+ | Google is 25 jaar in ons leven: kun jij nog zonder?
    Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.  ( 4 min )
    De huidige arbeidsmarkt is krap, maar het wordt nog erger
    Bedrijven kunnen nu al moeilijk aan personeel komen, maar uitkeringsinstantie UWV verwacht dat vergrijzing dit de komende jaren nog verergert. Vooral na 2025 zijn er structureel te weinig mensen beschikbaar. Digitalisering, arbeidsmigranten en werken na het pensioen kunnen dit oplossen.  ( 5 min )
  • Open

    Markets News, Aug. 22, 2023: Tech Buoys Nasdaq; Nvidia, Banks Weigh on S&P 500 By Colin Laidley Updated Aug 22, 2023
    No content preview  ( 1 min )

  • Open

    These Are The Best Robinhood Stocks To Buy Or Watch Now
    No content preview
    Lithium Giant Albemarle Nears $4.3 Billion Liontown Takeover
    (Bloomberg) -- Albemarle Corp. sweetened its takeover offer for Liontown Resources Ltd. to $4.3 billion as the world’s top lithium producer stepped up efforts to expand its footprint in hard rock-based assets.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. I  ( 31 min )
    After Country Garden debt deal, focus shifts to China property recovery prospects
    Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the developer and China's crisis-ridden property sector some much-needed respite. But while investors in the company and China economy-watchers alike may be heaving sighs of relief, it remains to be seen whether a raft of government stimulus measures will soon help revive demand and ease the sector's cash squeeze. The financial woes of China's top private developer have only further highlighted the fragile state of the country's real estate industry which accounts for roughly a quarter of the economy and has been in dire debt straits since 2021.  ( 32 min )
    Lithium developer Liontown backs Albemarle's sweetened $4.3 billion offer
    Australia's Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new offer price is A$3 per share, higher than A$2.5 the company received in March. ($1 = 1.5504 Australian dollars)  ( 31 min )
    UAW's clash with Big 3 automakers shows off a more confrontational union as strike deadline looms
    The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14. The automakers, which are making billions in profits, have dismissed the UAW's wish list.  ( 36 min )
    The housing market is about to take a hit as student loan payments restart
    No content preview
    Chinese lenders extend billions of dollars to Russian banks after western sanctions
    Beijing has pushed renminbi as alternative global currency to dollar  ( 8 min )
    Google brings that cheap flight data and the feds investigate Elon's glass house
    First, let’s start with Autopilot, Tesla’s advanced driver assistance system (ADAS). As part of an ongoing investigation into the ADAS after a series of Teslas crashed into emergency vehicles,  the National Highway Traffic Safety Administration (NHTSA) is requesting more info from the automaker. The NHTSA said this could “lead to greater driver inattention and failure of the driver to properly supervise Autopilot.”  ( 35 min )
    Kroger Stock, Intuit, Danaher, and More to Watch This Week
    Stock and bond markets will be closed Monday for Labor Day. Then, earnings reports from Zscaler, Gitlab, and Kroger. Plus, Services PMI data, the Fed's Beige Book, and more.  ( 22 min )
    ‘Cost of owning crisis’ as 50,000 fall into negative equity
    Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity.  ( 31 min )
    Disney wants to narrow the scope of its lawsuit against DeSantis to free speech claim
    Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual orientation and gender identity in early grades. Disney on Friday asked a federal judge for permission to file an amended complaint focusing just on the First Amendment claim and leaving to another, state-court lawsuit questions about the legality of agreements the company signed with Disney World's governing district, then-made up of Disney supporters. The agreements were signed before DeSantis and the GOP-controlled Florida Legislature took over the governmental body in the spring.  ( 32 min )
    Stocks in September may be dicey
    For stocks, September is historically one of the worst months on record, followed by an equally rough October. This year, the crosscurrents are a little different for investors.  ( 32 min )
    Is It Possible For My Beneficiaries to Transfer Property Out of a Trust After I Die?
    No content preview
    Watch Out: This 5-Year-Rule Could Affect Your Roth Rollover Plans
    No content preview
    Toll Brothers: One Chart Explains the Rally in 2023
    Toll Brothers (TOL) shares have jumped 68% in 2023. This uptrend is being powered by mega demand for the stock.  ( 32 min )
    Lattice Semiconductor: One Chart Shows Heavy Demand in 2023
    Lattice Semiconductor Corp. (LSCC) shares have jumped 50% in 2023. This uptrend is being powered by mega demand for the stock.  ( 32 min )
    Can I Avoid Depreciation Tax on My Rental Properties?
    No content preview
    Fracking Fuels U.S. Natural Gas Production Explosion
    The U.S. regains its lead in global natural gas production, setting a new record high in 2022, even as consumption grows and exports increase.  ( 33 min )
    Municipal-Bond Investors Pay a Hefty Price for Not Being Taxed
    A new study suggests that “investors overvalue the pleasure” of tax-exemption.  ( 27 min )
    Is It Possible to (Legally) Deposit a Check For Someone Else?
    No content preview
    Schwab Says Doing This Could Potentially Double Your Retirement Savings
    After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.  ( 32 min )
    50% of Americans Can't Afford Their Lifestyle in Retirement: How to Avoid That Fate
    No content preview
    The Generation That's Most Likely to Experience Financial Hardship, According to Edward Jones
    No content preview
    5 Social Security Mistakes Seniors Can't Afford to Make
    No content preview
    I'm Retired & Divorcing. Are My Finances Going to Be a Wreck?
    No content preview
    Tesla’s Stock Drop Might Have Had Nothing to Do With The New Model 3
    Tesla raised the price for a newer version of the Model 3 sedan, but they dropped the price of something else that might have investors confused.  ( 22 min )
    Labor Day, GameStop and Kroger earnings and Goldman’s technology conference top week ahead
    After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.  ( 32 min )
    Why wealthy customers are the 'most worrisome' for banks right now
    Investors continue to flock to money market funds in search of higher yields, posing an ongoing challenge to banks trying to keep deep-pocketed account holders.  ( 34 min )
    China’s battery plant rush raises fears of global squeeze
    State subsidies follow steel and solar panel playbook in reinforcing race for market share  ( 6 min )
    Fed in focus as earnings, economic calendar slow: What to know this week
    Investors will face a holiday-shortened week after a run of economic data pared back bets on additional rate hikes from the Federal Reserve.  ( 34 min )
    Fed in focus as earnings, economic calendars slow: What to know this week
    Investors will face a holiday-shortened week after a run of economic data pared back bets on additional rate hikes from the Federal Reserve.  ( 34 min )
    TipRanks ‘Perfect 10’ List Features Goldman Sachs’ Top Stock Picks
    Summer is shifting into fall, and winter won’t be far behind, followed by the holidays and the New Year – and already, investors are thinking about finding the best stocks to shape up their portfolios for 2024. Meanwhile, the analysts at Goldman Sachs have been busy curating their ‘top picks’ for the coming year. Goldman Sachs’ Top Picks give investors a useful pointer toward solid stock choices, but they aren’t the only one. Another comes from the Smart Score, an AI-driven, algorithm-based data  ( 36 min )
    The tycoons building an empire out of Britain’s bust beer brands
    For many beer drinkers, 2023 has been a depressing year.  ( 32 min )
    Borderlands: Solar panel maker to build $1B factory in New Mexico
    This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform. The post Borderlands: Solar panel maker to build $1B factory in New Mexico appeared first on FreightWaves.  ( 32 min )
    Saudi’s PIF Takes Control of Country’s Top Steel Producers
    (Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies  ( 31 min )
    The Disappointing Bet That Could Turn Into the Biggest IPO of the Year
    Softbank’s lofty ambitions for chip maker Arm have fallen short. Now the market is about to issue its verdict on the deal.  ( 26 min )
    China’s Fragile Recovery Keeps Policymakers on Alert
    (Bloomberg) -- China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure on policymakers to roll out more stimulus.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneBMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Covid Is Back. Is It Time to Pull Out Our Masks Again?Mohamed Al Fayed, Tycoon Who Clashed With Royals, D  ( 34 min )
    Do Higher Deficits Cause Inflation? Not This Year
    The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy.  ( 25 min )
    Aldi heads down new aisle with US supermarket shopping spree
    German discounter is moving into more conventional big store territory in a fiercely competitive market  ( 6 min )
    Swiss Luxury Watchmakers Face Profit Squeeze From Stronger Franc
    (Bloomberg) -- Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say they’re worried about a new threat: the strong franc.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out  ( 31 min )
    Roth vs. Traditional 401(k): Where to Put Your Money for Retirement?
    Thousands of companies have added Roth 401(k)s to their retirement plans. Getting the math right is proving tricky.  ( 26 min )
    Oil Industry Elite Hits Singapore to Debate Crude’s Next Twist
    (Bloomberg) -- Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from the Federal Reserve’s tightening campaign. The tensions wrongfooted many traders as prices sank, then recovered. Now, what comes next is up for debate in Singapore.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD  ( 33 min )
  • Open

    A Day in the Life of an Equity Research Analyst
    What does an equity research analyst do on an everyday basis?  ( 20 min )
    Quantitative Easing: Does It Work?
    This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?  ( 23 min )
    Financial Account Definition, With Components and Assets
    The financial account is a component of a country’s balance of payments that outlines the net increases and decreases in ownership of a country’s assets.  ( 19 min )
    Volume vs. Open Interest: What's the Difference?
    Learn how to interpret the relationships between price, volume, and open interest in the options and futures markets.  ( 23 min )
    Income-Driven Repayment Plans: Everything You Need to Know
    If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.  ( 23 min )
    Quantity Discount: Definition, Purpose, Pros & Cons
    A quantity discount is an incentive offered to buyers that results in a decreased cost per unit of goods or materials when purchased in bulk.  ( 18 min )
    Arguments for and Against Insider Trading
    The debate rages on about whether insider trading is good or bad for financial markets. Some want it to be legal, and others want it to stay a crime.  ( 23 min )
    7 Ways Your Resume Dates You
    Don't let your outdated resume prevent you from getting the job of your dreams.  ( 22 min )
    Continuous Compound Interest
    Continuous compounding assumes interest is compounded and added to the balance an infinite number of times. See how this accelerates returns.  ( 26 min )
    Why Do Banks Write Off Bad Debt?
    Learn more about the practice of banks writing off bad debts and removing them from their books, including a hypothetical example.  ( 19 min )
    Personal Income and Outlays Definition
    Personal Income and Outlays is a report produced by the Bureau of Economic Analysis that tracks personal income and monthly spending.  ( 19 min )
    7 Tips to Help Land That Internship
    Before going after that internship, discover the steps you can take to increase your chances of landing a position.  ( 24 min )
    Should an Investment Banking Candidate Earn an MBA or CFA?
    Either an MBA or a CFA can get you in the door, but an MBA from a prestigious B-school could give you an edge.  ( 19 min )
    How Can I Obtain a Telex Release for a Bill of Lading?
    A telex release is a convenient option for shippers who do not need original documents for their accounting or legal records.  ( 21 min )
    Ricardo-Barro Effect: Meaning, Arguments Against, Evidence
    According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.  ( 19 min )
    Overcrowding, Flight Delays Marred Summer Air Travel
    Overcrowding, staffing shortages, and widespread cancellations are hobbling air travel at a time that industry analysts had hoped would deliver a return to normalcy.  ( 21 min )
    What Is the CARES Act?
    The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 33 min )
    How Do Open Market Operations Affect the U.S. Money Supply?
    The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.  ( 25 min )
    AI Will Cut Workload for Some Jobs; Losses Would Vary
    While artificial intelligence could supplant some occupations, it could also help bridge labor shortages. Slower AI adoption would give the labor market time to transition, a report concludes.  ( 19 min )
    Associate In Claims (AIC): What it is, How it Works, Example
    An associate in claims (AIC) is a professional designation for professionals with enhanced skill training to handle different types of claims.  ( 18 min )
    What Is the Neoclassical Growth Theory, and What Does It Predict?
    The neoclassical growth theory is an economic concept where equilibrium is found by varying the labor amount and capital in the production function.  ( 19 min )
    Why Do Healthcare Costs Keep Rising?
    The average American now spends close to $13,000 a year on healthcare, and the costs are still rising. But why?  ( 26 min )
  • Open

    NU+ | De leennormen worden strenger: wat betekent dat voor jou?
    Kredietverstrekkers gebruiken vanaf 4 september strengere leennormen. Dit betekent dat we minder kunnen lenen om bijvoorbeeld een auto te kopen.  ( 3 min )
    Indonesië wil buitenlandse investeerders lokken met 'gouden visum'
    Indonesië wil buitenlandse investeerders aantrekken door zogenoemde gouden visa te verstrekken. Afhankelijk van de hoogte van het geïnvesteerde bedrag kunnen geldschieters voor een bepaalde periode van meerdere jaren in het land verblijven.  ( 3 min )
    NU+ | Massale aangifte tegen chemiebedrijf Chemours: dit is er aan de hand
    Advocaat Bénédicte Ficq doet maandagochtend namens ruim 2.600 mensen aangifte tegen chemisch bedrijf Chemours in Dordrecht. Zij beschuldigen de leidinggevenden van de fabriek ervan jarenlang met opzet giftige stoffen te hebben geloosd. Dit zijn de vijf belangrijkste vragen en antwoorden.  ( 6 min )
  • Open

    Can Audio and Video Calls Help X Take On Meta?
    Elon Musk is attempting to make X a super app, but advertisers and users have fled and regulatory scrutiny continues to loom.  ( 1 min )

  • Open

    Hurdle Rate: What It Is and How Businesses and Investors Use It
    A hurdle rate is the minimum rate of return a project or investment must achieve before the manager or investor approves a predetermined condition.  ( 26 min )
    How Did the Great Recession Affect Structural Unemployment?
    Structural unemployment is difficult to measure, but there are hints in the data that the spike in unemployment following the crisis was not purely cyclical.  ( 23 min )
    Health Insurance and Moving Out of State
    Most of the healthcare issues can be solved without too much effort, but it is important to plan ahead to avoid gaps in coverage.  ( 22 min )
    What Happens to Unemployment During a Recession?
    Learn what a recession is, what an economy in a recession looks like, and why the unemployment rate tends to rise during a recession.  ( 27 min )
    The Impact of Defaulting on a Student Loan
    Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.  ( 23 min )
    Annuity vs. Life Insurance: What's the Difference?
    Life insurance and annuities allow individuals to invest on a tax-deferred basis, but how they pay policyholders is different. Learn how each works.  ( 27 min )
    What Is a Roll Rate? Definition, Calculation Methods, Example
    Roll rate refers to the percentage of credit card users who become increasingly delinquent on their accounts.  ( 23 min )
    How Does Price Elasticity Affect Supply?
    Learn about the price elasticity of supply, the law of supply, and why a price change can alter the pricing of goods in an economy.  ( 23 min )
    Student Loan Repayment Options: What's the Best Way to Pay?
    There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 26 min )
    What Is a Base Year? How It's Used in Analysis and Example
    A base year is the first of a series of years in an economic or financial index. Base years are also used to measure the growth of a company.  ( 21 min )
    10 Cities That Are Bitcoin Hotspots
    Bitcoin has a strong presence in these 10 cities, as indicated by the number of ATMs that dispense it and merchants who accept it.  ( 24 min )
    What Is a Gatekeeper? Definition in Healthcare and Examples
    A gatekeeper is an individual or institution that regulates access to medical care. It's a set of requirements for receiving payouts in long-term care insurance.  ( 23 min )
    ISO 14000 Definition, Standards, Certification and Costs
    ISO 14000 is a set of standards created to help businesses manage their environmental impact.  ( 23 min )
    Current Transfers: What They are, How They Work
    Current transfers are current account transactions in which a resident entity in one nation provides a non-resident entity with an economic value.  ( 19 min )
    US Secretary of Commerce: Roles, Qualifications, Terms
    The Commerce Secretary overseas a vast business and commerce engine that drives the US economy.  ( 21 min )
    Subsidized vs. Unsubsidized Student Loans: Which Is Best?
    Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.  ( 27 min )
    About the Section 125 or (Cafeteria) Plan
    A Section 125 (cafeteria) plan is an employer-sponsored plan that gives employees access to health insurance and childcare pretax benefits. Find out if you're eligible.  ( 23 min )
    Earnings Beat of the Week: CrowdStrike's AI-Powered Platform Boosts Revenue
    Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.  ( 17 min )
    Ashton Kutcher Is Backing AI Company Hugging Face—Here’s His Net Worth
    Ashton Kutcher’s venture capital firm, Sound Ventures LLC, is among the investors for open source AI company, Hugging Face. Kutcher has a net worth of $200 million thanks to acting and investing.  ( 18 min )
    Beyoncé, Taylor Swift, Barbenheimer To Add $8.5 Billion to the US Economy in Q3
    Spending on Beyoncé’s Renaissance Tour, Taylor Swift’s Eras Tour, and movie tickets for the summer’s hit films Barbie and Oppenheimer is expected to add about $8.5 billion to the economy in Q3 of 2023, according to a report by Morgan Stanley.  ( 18 min )
    Collateralized Borrowing and Lending Obligation - CBLO Overview
    A collateralized borrowing and lending obligation (CBLO) is a financial instrument offered in which financial entities can secure short-term loans by providing collateral.  ( 22 min )
    Where Do Companies Keep Their Cash?
    Cash and cash equivalents are the first items on a company's balance sheet, but they are not same.  ( 25 min )
    How Much Medicaid and Medicare Cost Americans
    Every taxpayer is required to pay their share to fund Medicaid and Medicare. Here's what it costs Americans and what you can expect to pay.  ( 28 min )
  • Open

    The housing market is stuck: Americans can't afford homes, investors aren't buying property, and economists see little relief ahead
    A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.  ( 32 min )
    From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over
    (Bloomberg) -- For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Saola Departs Hong Kong After Bringing Destructive WindsBMW Unwraps Next-Generation E  ( 34 min )
    Regional Banks Ready a Wave of Bond Issuance: Credit Weekly
    (Bloomberg) -- Regional banks are poised to return to the debt markets in the biggest wave since June to meet new capital requirements in response to the failures of Silicon Valley Bank and Signature Bank.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Diamond Prices Are in Free  ( 34 min )
    Warren Buffett's toll roads, Elon Musk's bottlenecks, and why both men prize the same kinds of businesses
    No content preview
    Robinhood pays $605 million for 55 million shares once owned by Sam Bankman-Fried following a 4-way tussle
    Robinhood bought back 55 million shares owned by SBF's Emergent Fidelity Technologies after four parties laid claim to the stock.  ( 31 min )
    BMW expects higher China sales in 2023, finance chief says
    BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the luxury carmaker's chief financial officer (CFO) said at the IAA car show in Munich. In his first interview since becoming finance chief in May, Walter Mertl told Reuters that BMW had been able to grow 3.7% in China in the first half, faster than the world's top auto market as a whole, and expected this trend to continue. "We are assuming, and we are seeing this at the moment, that we will sell more this year than last year," Mertl said with regard to China, adding that the price war was predominantly affecting the cheaper segments of the auto market, where BMW is not active.  ( 31 min )
    How to get into real estate on a small salary or little to no savings, according to 6 successful investors who used creative financing strategies to get started
    No content preview
    The winners and losers from a so-so August that threatened to stop the 2023 stock market rally in its tracks
    No content preview
    September Is a Bad Month for the Stock Market. Why Gold Is a Different Story.
    I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.  ( 23 min )
    Jimmy Buffett Has Died. But His Margaritaville Empire Lives On.
    The singer, author, and entrepreneur built an enormous business empire valued at several hundred million dollars.  ( 22 min )
    Canada Orders Wealth One Bank Shareholders to Divest
    (Bloomberg) -- Canada’s Finance Minister Chrystia Freeland instructed three of the founding investors of Wealth One Bank of Canada to divest their stakes in the lender, Globe & Mail reported Saturday, citing documents obtained through an access to information request.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X  ( 31 min )
    The middle class is getting its spending power back — but progress is 'fragile'
    A new household budget index from Primerica found the purchasing power of middle-income households increased in July but lags pre-pandemic times.  ( 33 min )
    Take These 5 Steps ASAP to Retire With $5 Million
    No content preview
    Is $1.5 Million Enough to Retire Comfortably?
    No content preview
    Ask an Advisor: My Child Works a Low-Paying Job. Is ‘This a Great Time' for Them to Max Out a Roth IRA?
    No content preview
    How Can I Invest $5 Million For Income?
    No content preview
    How Much Interest Will I Earn on $5 Million?
    No content preview
    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
    No content preview
    Why Are Retired Americans Struggling So Much?
    No content preview
    Most Americans Fail This Social Security Quiz. Can You Pass?
    No content preview
    Almost a Quarter of Americans Bomb This Financial Quiz. Can You Do Better?
    No content preview
    A $1.5 Million Annuity Will Get You This Much Annually
    No content preview
    Are Leveraged ETFs Worth the Costs and Risk?
    For most fund categories, the answer is yes, according to new research.  ( 26 min )
    Here's why stocks may surprise to the upside in September
    While September is typically the worst month for stocks, there's reason to believe it might not be as bad as history predicts.  ( 33 min )
    SoftBank's Arm to ask for $47 to $51 per share in IPO
    SoftBank Group's chip designer, Arm, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) next week, a person familiar with the matter said on Saturday. The price range, which has not been previously reported, would translate into a valuation for Arm of roughly between $50 billion and $54 billion, and an offering of $5 billion to $5.4 billion. It would make Arm the most valuable company to list in New York since electric car maker Rivian Automotive debuted in 2021.  ( 31 min )
    Airbnb, Blackstone Rise On News They'll Join S&P 500 Index
    No content preview
    Labor Day Sale: Tesla Leads Top 5 Stocks Near Buy Points
    No content preview
    SoFi to underwrite first big IPO after securing Instacart listing
    San Francisco fintech claimed it was about to break into the market 2½ years ago  ( 6 min )
    Earnings Beat of the Week: CrowdStrike's AI-Powered Platform Boosts Revenue
    Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.  ( 18 min )
    Where is Buc-ee's expanding next? A look at the popular travel center chain's future plans
    Buc-ee's is expanding beyond its Southern stronghold, here's where it's coming to and what to check out.  ( 31 min )
    How Tiger Global, one of the biggest backers of startups over the past decade, fell to earth
    Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.  ( 40 min )
    The IRS Offered Better Service After a Big Funding Hike. But Not Everything Is Rosy.
    The call answer rate on the main IRS line for taxpayers wanting to speak to a person rose to 87% during this tax filing season from 15% last year  ( 22 min )
    Millennials didn’t kill the ‘organization man’ after all. Federal data reveals it was the boomers all along
    Long before quiet quitting, boomers rejected "working for the man," says UNC sociologist Arne Kalleberg, "which is exactly what’s happening now."  ( 34 min )
    Billionaire banker Uday Kotak steps down as CEO of Kotak Mahindra Bank
    Dipak Gupta, currently the joint managing director, will carry out the chief executive duties until Dec. 31, the bank added. Kotak's resignation comes four months ahead of his planned retirement at the end of this year. In the meantime, the bank has already made an application for the new managing director to India's central bank.  ( 31 min )
    Copper Crime Ring Is Latest Scandal to Rock the Metals World
    (Bloomberg) -- The history of commodity markets is littered with fraud and risk, and the opaque trade in scrap metal is no exception. But even veterans with decades of experience say they’ve never seen anything like the scam now rocking one of the world’s top copper recyclers.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes fo  ( 34 min )
    Parents Have a New Incentive to Fund ‘529’ Plans
    Starting next year, 529 investors will have more flexibility in rolling leftover money into Roth IRAs.  ( 25 min )
    While under US sanctions, where did Huawei get the advanced chips for its latest Mate 60 Pro smartphone?
    No content preview
    China property crackdown: why surprise victim Country Garden could be worse than Evergrande for the economy
    No content preview
    These 13 Dividend Aristocrats Are Solid Bets for a Recession
    These companies will fare well even if the Federal Reserve keeps interest rates high for a while.  ( 22 min )
    Sputtering Europe and Jittery China Add Bull Case for US Stocks
    (Bloomberg) -- Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there is no real alternative to the US stock market.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President in Test of Ruling Party’s SwayMohamed Al Fayed, Tycoon Who Clashed With Royals, Di  ( 34 min )
    Walmart pays $3.5 billion to increase stake in India's Flipkart
    Walmart spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it's betting on India at a time when its chief global rival Amazon is scaling back on its expenditures in the South Asian market. The $3.5 billion spending took place in the first six months of 2023, Walmart disclosed in an SEC filing Friday. Walmart's ownership in Flipkart now stands at about 80%.  ( 31 min )
    Resilient U.S. Economy Defies Expectations
    Steady hiring and robust consumer spending offer the latest evidence that the government’s policy responses to the pandemic made the economy surprisingly strong.  ( 28 min )
    The Fed Is Heading for a $100 Billion Loss. It Is Making Plenty of Investor Winners Along the Way.
    The Federal Reserve’s rate increases have raised the income from money-market funds 300 times, but its own losses are about to hit $100 billion, writes Allan Sloan.  ( 22 min )
    The world's most valuable oil company may launch the biggest stock offering in history
    No content preview
    Applied Materials Inc. has signed a deal to buy the former Fry's Electronics store in Sunnyvale
    Fry's Sunnyvale store site is about to have a new owner.  ( 21 min )
    Prison healthcare giant Corizon reaches tentative bankruptcy deal that could shortchange prisoners; Sen. Elizabeth Warren pledges oversight
    The company put $30 million on the table, but a controversial Texas Two-Step is walling off more than $1 billion in revenue from creditors.  ( 34 min )
    Dow Jones Futures: How To Handle This Market Rally; 'Magnificent 7' All Near Buy Points
    No content preview
  • Open

    Belgische bankpresident denkt dat ECB rente verder gaat verhogen
    De Europese Centrale Bank (ECB) zal de rente waarschijnlijk nog verder verhogen in de strijd tegen de hoge inflatie voordat een pauze wordt genomen. Dat zei de Belgische centralebankpresident Pierre Wunsch op het Belgische Radio 1.  ( 3 min )
    Italië niet tevreden over handel met China op Nieuwe Zijderoute
    De handel tussen Italië en China is niet zo sterk verbeterd als was gehoopt door de Italiaanse deelname aan de zogeheten Nieuwe Zijderoute vier jaar geleden. Dat zei de Italiaanse minister van Buitenlandse Zaken Antonio Tajani kort voor vertrek naar China.  ( 3 min )
    Brits steunpakket van 500 miljoen pond voor Tata Steel dichtbij
    De Britse regering is dicht bij een overeenkomst over een steunpakket van 500 miljoen pond, omgerekend 584 miljoen euro, voor Tata Steel. Het bedrijf is eigenaar van de grootste staalfabrieken van het Verenigd Koninkrijk.  ( 3 min )
    Winkels in Pakistan gesloten uit protest tegen hoge prijzen
    Winkeliers in Pakistan hebben zaterdag door het hele land hun winkels gesloten uit protest tegen de sterk gestegen prijzen van elektriciteit en brandstof. In grote steden als Lahore, Karachi en Pesjawar waren ook markten dicht.  ( 3 min )
    BMW presenteert nieuw concept voor elektrische auto's
    De Duitse autofabrikant BMW heeft zaterdag zijn nieuwe concept voor elektrische auto's gepresenteerd, de zogenoemde 'Vision Neue Klasse'.  ( 4 min )
    NU+ | Waarom natuur in de wijk belangrijk is (en niet alleen voor bijen en vogels)
    Natuurherstel staat de komende tijd hoog op de Europese agenda. Ook in steden en dorpen moet de natuur terugkomen; de biodiversiteit moet omhoog. Maar hoe brengen we het groen terug tussen het grijs?  ( 5 min )
    Vaste energiecontracten zijn weer populair, maar grote groep wacht nog af
    Sinds juni kunnen consumenten hun energieprijzen weer makkelijk voor langere tijd vastzetten, en dat deden ze massaal. Toch wacht een meerderheid nog met een vast contract. De groep met een variabel tarief is veel groter dan voor de energiecrisis.  ( 6 min )
    NU+ | Waarom eieren in je supermarkt opeens vaker wit zijn dan bruin
    Vanaf dit najaar zijn de meeste eieren in de schappen van Albert Heijn wit in plaats van bruin. Ook bij Jumbo tref je steeds meer witte eieren aan. De witte eieren zouden duurzamer zijn, maar pluimveehouders zijn sceptisch.  ( 4 min )
  • Open

    Markets News, Aug. 25, 2023: S&P 500, Nasdaq Rebound From Powell Comments to Close Winning Week By Colin Laidley Updated Aug 25, 2023
    No content preview  ( 1 min )

  • Open

    CHART OF THE DAY: US Treasurys are on track for their longest stretch of losses since 1787
    No content preview
    J&J Dividend Decision Shows Power of Free Cash Flow
    J&J plans to maintain its quarterly dividend even after separating its Kenvue business. It didn't have to do that to keep its status as a Dividend Aristocrat.  ( 22 min )
    It would be a 'miracle' to escape a recession and the erosion of credit is similar to 2008, top economist David Rosenberg warns
    No content preview
    Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation -sources
    Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public offering, according to people familiar with the matter. Intel Corp, Samsung Electronics Co Ltd, Cadence Design Systems Inc and Synopsys Inc are also being lined up as investors for the offering, the sources added.  ( 32 min )
    SoftBank Lines Up Apple, Nvidia as Strategic Arm IPO Backers
    (Bloomberg) -- SoftBank Group Corp. has lined up some of Arm Ltd.’s biggest customers as strategic investors for the chip company’s initial public offering, including Apple Inc., Nvidia Corp., Intel Corp. and Samsung Electronics Co., according to people familiar with the situation.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Vot  ( 33 min )
    SEC Punts Spot on Bitcoin Applications
    No content preview
    A World Running On Empty: The Decline Of Fossil Fuel Supply
    The increasingly constrained global supplies of fossil fuels like oil, coal, and natural gas will affect prices and create economic and social challenges.  ( 42 min )
    Stocks Stink in September—but This Year Could Be Different
    This could be a balmy month for markets as corporate earnings look poised for liftoff and profit margins expand.  ( 22 min )
    Carvana Completes Restructuring to Slash $1.3 Billion of Debt
    (Bloomberg) -- Carvana Co. has completed its debt restructuring with a majority of creditors agreeing to participate in the deal, slashing about $1.3 billion of debt and saving the company more than $455 million of interest expense annually over the next two years. Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President  ( 32 min )
    Blackstone Stock Jumps After Getting Added to the S&P 500
    It replaces Lincoln National in the popular index.  ( 22 min )
    Federal Student Loans Have Resumed Charging Interest—Here’s How To Avoid Paying It
    The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.  ( 20 min )
    Blackstone, Airbnb to Join S&P 500 After Index Rebalancing
    (Bloomberg) -- Private equity giant Blackstone Inc. is the latest addition to the S&P 500 Index, the first alternative asset manager to join the equity gauge. Airbnb Inc. is added as well.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing Destructive Winds to Hong KongTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Picks Tharman as President in Ruling Party BoostEurope's Biggest Oil Company Quietly Shelves a  ( 32 min )
    Top CDs Today: Rates Jump For 3- and 5-Year Terms
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more  ( 21 min )
    Wells Fargo’s latest layoffs may signal bank is on the mend
    Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where cutbacks may be good news — complaints and remediations.  ( 21 min )
    U.S. Commercial Real Estate Seems Safe From China’s Troubles. That Could Change Fast.
    Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.  ( 38 min )
    Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers
    The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.  ( 32 min )
    Dell Stock Is Soaring. AI Is Helping
    Shares of Dell jumped Friday, closing 21% higher. Street-beating quarterly per-share earnings and revenue, reported Thursday night, helped, but enthusiasm about the outlook for AI-related business fanned the flames. Dell's stock finished at a record high, $68.19, according to Dow Jones Market Data,  ( 23 min )
    Indexes Mixed Ahead Of Labor Day Weekend; Cathie Wood Loads Up On AI Leader After Downgrade
    No content preview
    Nutanix Jumps On Earnings Beat, Buyback Amid Cisco Partnership
    No content preview
    Why Amgen's $28 Billion Merger News Also Bodes Well For Pfizer, Biogen
    No content preview
    Can Plug Power Stock Turn Grey Hydrogen Into Green Profits in 2023?
    Shares of the hydrogen fuel cell company Plug Power (NASDAQ:PLUG) have been kind of on the fritz lately, experiencing a decline of about 35% in August. The August 9 earnings report, which indicated Plug’s sales had risen by a robust 72%, also revealed losses that were 50% worse than what analysts had expected – a factor that contributed to the decline in the company’s stock. And yet, one analyst isn’t quite ready to throw in the towel on Plug just yet. In a note out Monday, Jefferies’ Dushyant A  ( 33 min )
    Walgreens Shares Fall to Near 24-Year Lows After CEO Rosalind Brewer Steps Down
    Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.  ( 18 min )
    Walgreens’ new interim CEO Ginger Graham isn’t the only temporary member of the pharmacy giant’s C-suite
    Graham, a longtime board member, is running the company alongside an interim CFO.  ( 34 min )
    Is NIO Stock a Buy Right Now? This Is What You Need to Know
    Chinese electric car company Nio Inc. (NYSE:NIO) would really like to become the Tesla (NASDAQ:TSLA) of China one day. But if this week’s earnings report is any guide, Nio still has miles to go before it reaches its destination. Reporting its Q2 2023 financial results Tuesday morning, Nio managed to miss pretty much every goalpost that Wall Street had set for the company. On sales, Street analysts had hoped Nio would report RMB9.2 billion, but the most Nio could scratch together was RMB8.8 billi  ( 33 min )
    Warren Buffett and Vivek Ramaswamy are miles apart politically. But the investing icon and Republican upstart have these 3 things in common.
    Buffett and Ramaswamy are both bargain hunters with a taste for holding companies, who worry about the clash between business and social issues.  ( 32 min )
    Is Apple Stock A Buy Ahead Of iPhone 15 Introduction?
    No content preview
    Top Dividend Stocks for September 2023
    LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.  ( 24 min )
    ChatGPT Is A Necessary AI Companion For Early Retirement Success
    People following early retirement plans like the popular Financial Independence, Retire Early (FIRE) approach have a new ally in their arsenal — ChatGPT. The leading artificial intelligence (AI) language model gives people an array of personalized tools to help them prepare for early retirement. It also can guide them on where to live and how to stay engaged during their lengthy golden years. If someone needs some extra cash to fund their lifestyle, they can also use ChatGPT to make some side mo  ( 32 min )
    'It makes sense' to have leadership with 'more extensive backgrounds' in health: Analyst on Walgreens exec shakeup
    Walgreens abruptly lost its CEO Roz Brewer Friday, the second top position to be left vacant in less than a month.  ( 34 min )
    This Oil Stock Scores Breakout From Buy Point As Oil Prices Hit 2023 Highs
    No content preview
    Louisville Ford workers vote to authorize potential strike, UAW chief says Ford offer 'insults our very worth'
    Louisville Ford workers vote in favor of potential strike, which looms less than two weeks away. Find out what the union chief thinks about Ford's latest offer.  ( 23 min )
    Best Dow Jones Stocks To Buy And Watch In September 2023: Apple's New Buy Point
    No content preview
    Analyst Report: Advance Auto Parts Inc
    No content preview
    Analyst Report: Salesforce Inc
    No content preview
    Analyst Report: Clorox Co.
    No content preview
    Market Update: CRM, AAP, CLX, BBWI, LULU
    No content preview
    Tesla Stock Falls Amid Concerns About Chinese Competition, Pricing
    Shares of Tesla fell Friday, pulled lower by concerns about the pricing on an updated vehicle and competition in China. The electric automaker's stock was recently down more than 5%, among the S&P 500's worst performers, though it's up more than 3% this week. The company today unveiled a refreshed  ( 23 min )
    VinFast Warrants Are at a Big Discount to the Stock. It’s a Risky Trade.
    The warrants, which can be exercised starting Sept. 13, offer an opportunity for a gain of more than $11.50 a share. At least in theory.  ( 22 min )
    Top Defense Stocks for Q3 2023
    Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.  ( 23 min )
    Millennium Bets $320 Million Against Carlos Slim
    (Bloomberg) -- Millennium Management has largely unwound a bet against the stock of America Movil SAB, the telecommunications giant controlled by Mexican billionaire Carlos Slim.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsMohamed Al Fayed, Tycoon Who Clashed With Royals, Dies at 94Singapore Votes for President in Test of Ruling Party’s S  ( 32 min )
    Financial Expert Reveals The Surprisingly Simple Path To Wealth That Can Make Anyone Rich - 'You Won't Become Wealthy By Saving All Your Money'
    In order to achieve financial success, it's important to make smart decisions with your money. Jaspreet Singh, widely known as ‘Minority Mindset’ on YouTube, is a respected expert in financial planning who is dedicated to spreading financial knowledge and helping people reach their financial goals. Through his brand Minority Mindset, Singh has positively impacted many lives by providing free financial newsletters through Market Briefs and educating people about investing through the Market Insid  ( 32 min )
    BYD and Tesla Are Set to Win the EV Race. Here’s Who’s Likely to Lose Out.
    China's BYD and Tesla are well placed to grow their market share through to 2030. European car manufacturers Volkswagen and Renault are in trouble, according to UBS.  ( 23 min )
    Broadcom and Nvidia Stocks Fall
    Broadcom's stock pulled back around 5% after the company beat Wall Street's earnings expectations, but forecast in-line revenue for the current quarter. Shares of fellow chip maker Nvidia also retreated, with the stock down about 2%. Nvidia is one of the biggest companies in the U.S. by market valu  ( 22 min )
    Markets Erase Weekly Gains After SEC Delays Bitcoin ETF Decisions
    Bullish Momentum From Grayscale’s Legal Victory On Tuesday Gives Way To Regulatory Pessimism  ( 33 min )
    5 Fantastic Ways to Enjoy Life After Retirement
    No content preview
    Buy, Borrow, Die: This is How the Rich Avoid Taxes
    No content preview
    TV Stocks Fall After Charter, Disney Dispute
    Shares of entertainment companies fell Friday after Walt Disney blocked TV channels like ESPN and ABC from Charter's cable system, Spectrum. The move from Disney came after the two com  ( 23 min )
    How Can I Stop Enabling Family Who Rely on Me to Pay Their Bills?
    No content preview
    How Anyone (Including You) Can Make $1,000 Every Month in Passive Income
    No content preview
    Stocks to Watch Friday: Tesla, Dell, Walgreens
    ↘️ Tesla (TSLA): The electric-vehicle maker's shares fell 3.5% in morning trading after it [unveiled a new Model 3 with a steeper price tag](https://www.wsj.com/business/autos/tesla-unveils-new-model-3-in-china-with-longer-rangeand-a-steeper-price-t  ( 24 min )
    5 Incredibly Costly Retirement Withdrawal Mistakes to Avoid at All Costs
    When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.  ( 32 min )
    Should I Actually Have More Bank Accounts Than I Currently Do?
    No content preview
    8 Great Investments That Can Score You Monthly Income
    No content preview
    BlackRock’s Rieder Says ‘Put Your Shoulder’ Into Bonds as Fed Rate Risk Recedes
    (Bloomberg) -- BlackRock Inc.’s chief investment officer for global fixed income, Rick Rieder, said the cooling labor market supports speculation that the Federal Reserve is done raising rates, making bonds more appealing than they have been in months. Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Slammed by Saola, Biggest Typhoon Since 2018Hong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were  ( 33 min )
    Could Retiring Early Actually Rot Your Brain?
    No content preview
    Don’t Bet Against Taylor Swift. AMC Says Eras Tour Film Shatters One-Day Ticket Sales Record.
    "Taylor Swift: The Eras Tour" concert film hit $26 million in ticket sales on Thursday, crushing AMC's previous single-day sales record.  ( 22 min )
    Shopify Taps Into Amazon Network; 'Buy With Prime' No Longer A Threat?
    No content preview
    Warren Buffett Keeps Getting Older. Berkshire Hathaway Stockholders Are Getting Uneasy
    No content preview
    US crude stocks to fall further, end below year-ago levels, say analysts
    U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts said, as record demand, producer supply cuts, weaker futures and rising storage costs all point to increasing drawdowns. A tight crude market is poised to extend into 2024 and add upward pressure on global oil prices, they said. In a bullish sign, U.S. inventories last week dropped 10.6 million barrels, hitting the lowest level since December 2022's 420.65 million barrels.  ( 32 min )
    Eos Energy Stock Surges After Battery Storage Startup Gets Government Loan Commitment
    Shares of Eos Energy are up more than 35% Friday after the Energy Department committed to loan the battery storage startup nearly $400 million to manufacture its zinc batteries. It's the latest boost for Eos, which was battered by high costs, production challenges and skepticism from short sellers  ( 23 min )
    Top Cannabis Stocks for Q3 2023
    Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.  ( 21 min )
    Tesla Keeps The Pedal Down On The EV Price War: Slashing Prices On Luxury Offerings
    No content preview
    Warner Bros. Discovery Has Big Challenges. The Barbie Movie Won’t Solve Them.
    Warner Bros. Discovery CEO David Zaslav has a big salary and a big task at the parent company for CNN and Max: turning around a media giant saddled with high debt and multiple challenges  ( 45 min )
    Walgreens Chief Executive Rosalind Brewer Steps Down
    Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.  ( 26 min )
    Walgreens CEO exits less than 3 years after taking over drug store chain
    The CEO of Walgreens Boots has stepped down after less than three years at the helm of the drug store chain. Walgreens Boots Alliance confirmed Rosalind Brewer's exit Friday. According to the Illinois company, the board of directors and Brewer “mutually agreed” to her resignation effective Thursday.  ( 31 min )
    Dow Jones Futures Rally 150 Points On Unemployment Rate Jump; Tesla Releases New Model 3
    No content preview
    Raymond James Says Buy These 2 High-Yield Dividend Stocks — Including One With 10% Yield
    It seems that the August market swoon bottomed out two weeks ago, and since then, stocks have regained about half of this month’s losses. This shift has given a renewed boost to investors’ positive sentiment, which has run high throughout the year and fueled a strong rally. However, there are still headwinds in the wings. Writing from Raymond James, CIO Larry Adam points out that while inflation has decreased, its uncertainty remains, and fiscal dynamics are likely to increase pressure on the ge  ( 35 min )
    Robinhood to buy back Bankman-Fried's stake from US govt for $605.7 million
    Robinhood said on Friday it had entered into a share repurchase agreement with the United States Marshal Service(USMS) to buy back stock from Sam Bankman-Fried's Emergent Fidelity Technologies. The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.  ( 31 min )
    Olin Corp. announces shakeup in C-suite
    The Clayton-based manufacturer and distributor of chemicals and ammunition said Friday that, through a mutual agreement, its top executive will step down next year.  ( 20 min )
    Broadcom falls as forecast pales before Nvidia's blowout results
    Broadcom was expected to be one of the biggest beneficiaries of the artificial intelligence (AI) boom, behind trailblazer Nvidia, but the company's exposure to sluggish segments such as smartphones, telecoms gear and non-AI servers is impeding growth. "Off the back of Nvidia's blowout earnings update, anything less than stellar is being seen as disappointing," said Danni Hewson, head of financial analysis at AJ Bell.  ( 31 min )
    September Is The Worst Month For S&P 500 Stocks (Except These 11)
    No content preview
    SEC delays verdict on BlackRock’s ETF application; Will Bitcoin ETFs see light of day?
    After Grayscale’s legal win, the SEC decided to postpone its decision on spot Bitcoin ETF applications. Will these proposals be greenlit? And when?  ( 34 min )
    Walgreens Chief Executive Roz Brewer Steps Down
    Walgreens Boots Alliance Chief Executive Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.  ( 25 min )
    Fed’s Bostic Says US Faces a ‘Shaking Out’ on Refinanced Debts
    (Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the US economy faces a period of some disruption as debts are refinanced at significantly higher interest rates, putting some pressure on both financial institutions and the government.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin M  ( 31 min )
    Analyst Report: Merck & Co Inc
    No content preview
    Roubini Warns Stocks Risk 10% Drop as Stagflation Worries Mount
    (Bloomberg) -- Brittle financial markets and their vulnerability to swings in data are troubling observers gathered by Lake Como just as investors take fright at the prospect of stagflation in Europe.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing ‘Destructive’ Winds to Hong KongSingapore Picks Tharman as President in Ruling Party BoostTesla Refreshes Model 3 and Slashes Prices of Top-End CarsEurope's Biggest Oil Company Qui  ( 33 min )
    Saudi Crude Oil Exports Plummet as OPEC Giant Slashes Production
    (Bloomberg) -- Saudi Arabia’s crude exports fell sharply in August as the kingdom leads an effort by the OPEC+ alliance to curb production and bolster oil prices.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireIndia-China Tensions Threaten to Leave Modi Empty-  ( 32 min )
    Market Digest: BTI, MRK
    No content preview
    American families may soon max out their credit cards, top analyst warns, and be hung out to dry
    "The clear threat is that many struggling households may soon find their credit cards are being maxed out and they can’t obtain more credit."  ( 32 min )
    With FedEx GRI in books, ball now in UPS’ court
    FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage. The post With FedEx GRI in books, ball now in UPS’ court appeared first on FreightWaves.  ( 34 min )
    Stock futures rise ahead of key August jobs report: Stock market news today
    Stocks gained on Wall Street ahead of the monthly payrolls report, set to be closely scrutinized for clues to whether the Fed will keep raising interest rates.  ( 32 min )
    Daily – Vickers Top Insider Picks for 09/01/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 09/01/2023
    No content preview
    Palantir Stock Had More Than Just a Bad Month. Cathie Wood Buys the Dip.
    Palantir stock had a rough August. It seems AI hype can only take you so far.  ( 22 min )
    Treasuries set for worst streak since U.S. independence, as investors bag tech stocks
    Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their worst yearly performance since the Declaration of Independence. There were a net $10.3 billion of inflows into equity funds in the week to Wednesday, with investors putting $5.1 billion into tech stocks, the most since May, and $4.9 billion into emerging market stocks, BofA said on Friday, citing data from provider EPFR. Investors have been buying stocks on increasing hopes that the U.S. economy will achieve a soft landing - slowing enough to bring inflation back to the Federal Reserve's target, but not dramatically.  ( 32 min )
    Jon Corzine’s Critics Want Him Banned From Futures Trading
    (Bloomberg) -- Jon S. Corzine’s critics are making a renewed effort to halt the comeback attempt of the former head of MF Global Holdings more than a decade after the derivatives brokerage imploded and about $1 billion in customer money went missing.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seiz  ( 33 min )
    Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
    I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.  ( 35 min )
    The 'trade downs' suggest consumers are under more pressure than it seems
    The consumer is sending signals of financial stress to investors.  ( 33 min )
    NIO, Li Auto, and XPeng Combined Deliveries Set a Record. That’s Good for Tesla and BYD.
    Combined deliveries from Li Auto, NIO, and XPeng total more than 68,000 units in August, a record month, and up from about 25,000 units a year ago.  ( 23 min )
    Country Garden: How bad are the Chinese property developer's debt problems?
    China is grappling with a slowdown that has rattled global markets, with the spotlight now focused on troubled developer Country Garden's debt crisis in the property sector, which accounts for roughly a quarter of the economy. On Thursday, Country Garden delayed a deadline for creditors to vote on whether to postpone payments for an onshore 3.9 billion yuan ($537 million) private bond until Friday 1400 GMT, saying it wanted to give bondholders sufficient time to prepare for the vote. The vote is a key hurdle as Country Garden strives to avoid default, with one holder of its dollar bonds saying if the company cannot extend its domestic debt, it will be unable to service external bondholders.  ( 33 min )
    These Stocks Are Moving the Most Today: Dell, Broadcom, Tesla, Apple, Nutanix, MongoDB, and More
    Adjusted second-quarter earnings from Dell Technologies soundly top analysts' estimates, Broadcom's revenue guidance for its fiscal fourth quarter is in line with Wall Street forecasts, Tesla unveils a revamped Model 3 with a longer range, and Nutanix issues strong fiscal first-quarter sales guidance.  ( 23 min )
    Broadcom Isn’t Delivering Nvidia-Type Beats. Why You Should Back Its AI Growth Anyway.
    The stock was falling in premarket trading on Friday, with investors seemingly disappointed by its earnings.  ( 23 min )
    'Too afraid to buy':China's slowing economy overshadows property easing moves
    Real estate agents have been calling Daisy Wu non-stop to get her to buy an apartment in the southern Chinese city of Shenzhen, but the 28-year-old said she was too worried about the slowing economy to consider making a purchase. Wu's concerns belie a raft of measures rolled out by the Beijing government this week to revive the economy and target the deepening crisis in its massive debt-riddled property sector which has been on the decline since 2021. The measures include lower mortgage rates for first-time homebuyers, but analysts warn that like Wu, the sentiment among many Chinese is too weak for these moves to put a floor under the world's largest asset class, where roughly 70% of household wealth is invested.  ( 32 min )
    US stocks still face hard landing risks, Bank of America says
    (Bloomberg) -- The Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing, according to Bank of America Corp. strategists.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flag  ( 32 min )
    Copper Smelter Aurubis Says It Is Victim of Huge Metal Scam
    (Bloomberg) -- Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive metal theft, and no longer expects to meet its profit forecast for the year.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbo  ( 32 min )
    Samsung Gains 6% on Reports It’s Joining Nvidia AI Suppliers
    (Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos  ( 31 min )
    Samsung Gains 6% on Reports It’s Joining Nvidia AI Suppliers
    (Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos  ( 31 min )
    Dollar Stores Flash Warning Signs on Consumer Spending
    Dollar General and Dollar Tree say shoppers are shifting spending toward food and essentials.  ( 27 min )
    Dow Jones Futures Rise As Jobs Report Looms; Tesla Launches Model 3 Upgrade
    No content preview
    Struggling US households may soon max out their credit cards as banks get skittish
    No content preview
    Bitcoin falls back to US$26,000, Ether nears ‘death cross,’ while investors await US jobs report for August
    Bitcoin, Ether and other cryptos were down Friday morning. U.S. equities were flat as investors look towards August's jobs report later Friday.  ( 32 min )
    ‘Expect at Least 60% Upside,’ Says Morgan Stanley About These 2 Buy-Rated Stocks
    While August brought with it a pullback following the market’s strong so far this year, the past few sessions have seen momentum build again. The good news, according to Andrew Slimmon, managing director and senior portfolio manager at Morgan Stanley Investment Management, is that the market’s advance is set to continue. Boosted by the Q3 earnings season, Slimmon sees the S&P 500 nearing the 5,000 mark by the end of the year, which would not only represent an 11% increase from current levels, bu  ( 34 min )
  • Open

    Investing in Out-of-State Property
    If you can't afford property close to home, consider taking the real estate plunge elsewhere in the country, perhaps out of state.  ( 24 min )
    Pundit Definition
    A pundit is a person that publicly expresses their opinions or comments on a topic on which they consider themselves an expert.  ( 21 min )
    Federal Student Loans Have Resumed Charging Interest—Here’s How To Avoid Paying It
    The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.  ( 18 min )
    Big Mac PPP: Overview, Calculations, Disadvantages
    The Big Mac PPP is a survey done by The Economist that examines the purchasing power of various currencies based on the relative price of a Big Mac.  ( 22 min )
    Disney Cuts Off Programming to Charter Customers in Fee Dispute
    Disney blocked the ABC Network, ESPN, and other networks on Charter Communications (CHTR)'s Spectrum cable after the two sides couldn’t agree on a contract renewal.  ( 17 min )
    Top CDs Today: Rates Jump For 3- and 5-Year Terms
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more  ( 19 min )
    Dow Jones Today: Index Moves Up on Jobs Report
    The Dow Jones finished higher by about 115 points, or 0.3%, on investors optimism that the latest employment report will help prompt the Fed to end its interest rate hikes.  ( 17 min )
    S&P 500 Gains and Losses Today: Index Little Changed After Unemployment Jumps
    U.S. equities opened the month of September with the S&P 500 little changed on Sept. 1, 2023, following the release of data showing the unemployment rate rose more than expected in August  ( 17 min )
    Does Dental Insurance Cover Dentures?
    Most employer-provided dental plans cover dentures, but there are limitations. Learn how to avoid unexpected costs and options for those with little or no insurance.  ( 21 min )
    Value Investing Definition, How It Works, Strategies, Risks
    Value investors like Warren Buffett select undervalued stocks trading at less than their intrinsic book value that have long-term potential.  ( 37 min )
    4 Important Steps for Choosing Dental Insurance
    Before signing up for dental insurance, make sure it will cover what you need while avoiding unexpected expenses. Here are four key factors to investigate.  ( 24 min )
    Inflation Reduction Act of 2022
    Signed into law on Aug. 16, 2022, it lowers prescription drug and energy costs, and levies a 15% minimum tax on some corporations.  ( 29 min )
    Top 25 Stocks in the S&P 500 by Index Weight
    Many of the top 25 stocks in the S&P 500 by weight are issued by some of the largest and best-known tech firms in the world.  ( 22 min )
    Walgreens Shares Fall to Near 24-Year Lows After CEO Rosalind Brewer Steps Down
    Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.  ( 17 min )
    M1 Finance vs. Merrill Guided Investing: Which Should You Choose?
    Choosing the best robo-advisor to use can be a challenge. Compare M1 Finance and Merrill Guided Investing to learn which one offers automated investing features right for you.  ( 25 min )
    Top Dividend Stocks for September 2023
    LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.  ( 23 min )
    Self-Directed vs. Automated Investing: Which is Better?
    For the investor who knows what they are doing and is willing to spend the time required, self-directed investing can be lucrative but for the investor who prefers to set it and forget it, automated investing is a good option.  ( 23 min )
    What Happens to Interest Rates During a Recession?
    Interest rates tend to fall during recessions for fundamental reasons and as investors start to price in the likely policy response by the central bank.  ( 25 min )
    How to Get a Home Warranty
    Home warranties can provide peace of mind that repairs for broken appliances or home systems will be covered. Here’s how to choose the right home warranty for you.  ( 23 min )
    Wealthfront vs. E*TRADE Core Portfolios: Which Is Right for You?
    Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see which one is best for your financial goals.  ( 27 min )
    How Much Does a Home Warranty Cost in 2023?
    A home warranty can cost between $500 and $1,200 annually, depending on several factors, including coverage options. Learn more about home warranties and what they cost.  ( 19 min )
    Hyundai and LG Increase Georgia EV Investment to $7.6 Billion
    The companies are investing an additional $2 billion into the battery cell manufacturing plant, which will now create 8,500 new jobs over the next eight years.  ( 17 min )
    Top Growth Stocks for September 2023
    Top growth stocks for September include Cabaletta Bio Inc., Reata Pharmaceuticals Inc., and MoonLake Immunotherapeutics.  ( 20 min )
    Term of the Week: September Effect
    If history can be trusted, stocks may be due for a tumble this month in a phenomenon known as the September Effect.  ( 17 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    Broadcom's Guidance Falls Short on Phone Chip Sales, Less-Than-Expected AI Boost
    Broadcom’s current quarter guidance missed estimates as demand for its chips for smartphones slowed, and the expected strong gains from the artificial intelligence (AI) boom fell short.  ( 17 min )
    Capital Consumption Allowance (CCA): What it is, How it Works
    Capital consumption allowance (CCA) is the amount of money a country has to spend each year to maintain its present level of economic production.  ( 19 min )
    M1 Finance vs. E*TRADE Core Portfolios: Which Is Best for You?
    Finding the right robo-advisor can be difficult. Compare the differences between M1 Finance and E*TRADE Core Portfolios to see which automated investing platform is best for you.  ( 27 min )
    Robinhood Bought Back $606M of Stock Previously Owned by FTX's Sam Bankman-Fried
    Brokerage Robinhood struck a share repurchase agreement with the U.S. Government and bought back $606 million in stock previously owned by the founder of the failed FTX exchange.  ( 18 min )
    Top Defense Stocks for Q3 2023
    Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.  ( 22 min )
    Recoupling Definition
    Recoupling is a market event or process that occurs when returns on asset classes revert back to their historical or traditional patterns of correlation.  ( 19 min )
    The Value of an Education at an HBCU: Benefits, Cost, and Impact
    Historically Black colleges and universities (HBCUs) focus on educating disadvantaged groups and are helping narrow the racial wealth gap.  ( 27 min )
    Markets Were Little Changed at Midday after Unemployment Rate Jumped in August
    U.S. equities were little changed at midday as the investors considered how the Federal Reserve might react to the jump in the August unemployment rate.  ( 16 min )
    Regressive vs. Proportional vs. Progressive Taxes: What's the Difference?
    Three types of tax systems are used in the U.S.—regressive, proportional, and progressive—two impact high and low-income earners differently, and one is the same for all.  ( 25 min )
    Top Tech Stocks for Q3 2023
    The top-performing technology stocks this quarter include Diebold Nixdorf, which returned more than 400% in the last year.  ( 22 min )
    Dell Shares Reach Record High on Demand for AI Products
    Shares of Dell Technologies hit an all-time high after the maker of PCs and computer-related services beat earnings expectations and boosted its guidance on booming AI-product demand.  ( 17 min )
    Mortgage Rates Begin to Recover
    Mortgage rates mostly rose following three days of declines for most loan types. Some categories still fell, however, and those that didn't still have a fair ways to go to recover from their recent losses.  ( 21 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )
    The Spending Habits Of Americans
    Here is an economic portrait of the average American consumer, based on recent spending habits.  ( 20 min )
    Top Stocks for September 2023
    Cabaletta Bio, Reata Pharmaceuticals, and MoonLake Immunotherapeutics provided the best 1-year total returns as of mid-August.  ( 22 min )
    Tesla's Price Cuts Give It US Tax Credit Boost, New Model Adds to China Allure
    Tesla slashed the price of its Model S and Y in China and the U.S. while launching a longer-range Model 3 to compete better in the Chinese market.  ( 17 min )
    Unemployment Rate Edges To Highest in More Than a Year
    The unemployment rate edged up to 3.8% in August from 3.5% in July, rising from a near-record low to its highest since February 2022, the Bureau of Labor Statistics said Friday.  ( 17 min )
    Macroeconomic Factor: Definition, Types, Examples, and Impact
    A macroeconomic factor is an economic, environmental, or geopolitical event that broadly affects a regional or national economy.  ( 21 min )
    How to Calculate Your Portfolio's Investment Returns
    Learn the basic principles used to calculate personal rates of return on investment portfolios.  ( 25 min )
    Lululemon Stock Pops On High Chinese Demand and Positive Earnings Report
    Net revenue grew by 52% in international markets, boosting gross profits by 23% as Lululemon Athletica projects 18% revenue growth for 2023.  ( 17 min )
    Top Solar Stocks for Q3 2023
    Top solar stocks for Q3 based on value, growth, and performance, respectively, include DQ, CSIQ, and FSLR.  ( 22 min )
    Who Is David Ricardo and What Is He Famous For?
    David Ricardo was a classical economist best known for his theory on wages and profit, labor theory of value, theory of comparative advantage, and others.  ( 25 min )
    Octopus Acquires Shell's UK and Germany Home Energy Business
    British energy group Octopus Energy signed a deal to buy Shell Petroleum's home energy business in the UK and Germany.  ( 18 min )
    Top Cannabis Stocks for Q3 2023
    Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.  ( 21 min )
    M1 Finance vs. Wealthfront: Which Is Right for You?
    M1 Finance and Wealthfront are two top robo-advisors, but they offer very different services when it comes to automated investing. Learn which one is best for your financial goals.  ( 30 min )
    Top Nasdaq ETFs for Q3 2023
    The Invesco NASDAQ 100 ETF and the Invesco QQQ Trust are the top exchange-traded funds (ETFs) focused on the Nasdaq 100 Index.  ( 19 min )
    The ABCs of Mutual Fund Classes
    Learn what mutual fund classes are and understand the various types of shares. You'll also find out the pros and cons of each.  ( 27 min )
    Second World Definition
    So-called "second world" countries included those formerly controlled by the Soviet Union and/or those more developed than "third world" nations, yet less developed than "first world" nations.  ( 19 min )
    Top ETFs for September 2023
    ETFs for September with the best 1-month return include PXE, IBML, RISR, BDRY, and UUP.  ( 20 min )
    Earn Less Than $55,068? You May Well Get Overtime
    If you’re a salaried worker with a desk job earning less than $55,068 a year, a new rule would give you a workplace perk that’s nearly unheard of for white collar workers: overtime pay.  ( 18 min )
    It's Been Nearly 40 Years Since Buying a House Was This Unaffordable
    To buy a median-priced house today, a typical income-earning household would have to shell out 38.3% of their earnings to make the mortgage, the highest percentage since 1984.  ( 17 min )
    5 Strategies for Trading Volatility With Options
    These strategies are used by traders to capitalize on stocks or securities that exhibit high volatility.  ( 26 min )
    5 Things to Know Before Markets Open
    Job growth is expected to slow in August to its lowest levels since January 2021 and Dell shares are surging after it delivered better-than-expected earnings on strong demand for PCs and lower component costs. Here’s what investors need to know today.  ( 18 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )
    Curve Steepener Trade: Definition, Example, Trading Strategy
    A curve steepener trade uses derivatives to profit from rising yield differences due to yield curve increases between T-bonds of differing maturities.  ( 20 min )
    What Is Pay to Order? How It Works, Forms, and Benefits
    Pay to order refers to negotiable checks or drafts paid via an endorsement that identifies a person or organization the payer authorizes to receive money.  ( 24 min )
    Treasury General Account: The Government's Checking Account
    The Treasury General Account is the general checking account that the Department of the Treasury uses.  ( 25 min )
  • Open

    S&P 500 Gains and Losses Today: Index Little Changed After Unemployment Jumps
    U.S. equities opened the month of September with the S&P 500 little changed on Sept. 1, 2023, following the release of data showing the unemployment rate rose more than expected in August  ( 1 min )
    Dow Jones Today: Index Moves Up on Jobs Report
    The Dow Jones finished higher by about 115 points, or 0.3%, on investors optimism that the latest employment report will help prompt the Fed to end its interest rate hikes.  ( 1 min )
    Term of the Week: September Effect
    If history can be trusted, stocks may be due for a tumble this month in a phenomenon known as the September Effect.  ( 1 min )
    Markets Were Little Changed at Midday after Unemployment Rate Jumped in August
    U.S. equities were little changed at midday as the investors considered how the Federal Reserve might react to the jump in the August unemployment rate.  ( 1 min )
    5 Things to Know Before Markets Open
    Job growth is expected to slow in August to its lowest levels since January 2021 and Dell shares are surging after it delivered better-than-expected earnings on strong demand for PCs and lower component costs. Here’s what investors need to know today.  ( 1 min )
  • Open

    Disney Cuts Off Programming to Charter Customers in Fee Dispute
    Disney blocked the ABC Network, ESPN, and other networks on Charter Communications (CHTR)'s Spectrum cable after the two sides couldn’t agree on a contract renewal.  ( 1 min )
    Hyundai and LG Increase Georgia EV Investment to $7.6 Billion
    The companies are investing an additional $2 billion into the battery cell manufacturing plant, which will now create 8,500 new jobs over the next eight years.  ( 1 min )
    Robinhood Bought Back $606M of Stock Previously Owned by FTX's Sam Bankman-Fried
    Brokerage Robinhood struck a share repurchase agreement with the U.S. Government and bought back $606 million in stock previously owned by the founder of the failed FTX exchange.  ( 1 min )
    Tesla's Price Cuts Give It US Tax Credit Boost, New Model Adds to China Allure
    Tesla slashed the price of its Model S and Y in China and the U.S. while launching a longer-range Model 3 to compete better in the Chinese market.  ( 1 min )
    Octopus Acquires Shell's UK and Germany Home Energy Business
    British energy group Octopus Energy signed a deal to buy Shell Petroleum's home energy business in the UK and Germany.  ( 1 min )
  • Open

    Pensioenfondsen staan er een fractie slechter voor dan een maand geleden
    Pensioenfondsen staan er nu financieel iets slechter voor dan een maand geleden, concludeert adviesbureau Aon. De gemiddelde dekkingsgraad is gedaald van 122 naar 121 procent. Dat kwam vooral doordat augustus niet zo'n goede maand voor beleggingen in aandelen was.  ( 3 min )
    Liter benzine gaat richting de 2,26 euro, diesel blijft net onder de 2 euro
    De adviesprijs voor 1 liter Euro95 aan de pomp is vrijdag gestegen tot 2,259 euro. Daarmee is de prijs de afgelopen maand verder opgelopen. Op 1 augustus stond de adviesprijs nog op 2,214 euro.  ( 3 min )
    Import van Russische goederen neemt nog steeds af door Europese sancties
    De handel tussen de Europese Unie en Rusland is behoorlijk afgenomen na de Russische invasie in Oekraïne. Door Europese sancties is vooral de import van Russische goederen fors gekrompen.  ( 4 min )
    Huizenprijzen zijn even stabiel, maar volgens experts komt daar snel een eind aan
    De huizenprijzen gaan volgend jaar weer in de lift, voorspellen onderzoekers van ING Research. Daarmee zijn goedkoper wordende huizen verleden tijd en dat komt vooral door de stijgende lonen.  ( 4 min )
    Schiphol hoeft minder vluchten te schrappen en nachtvluchten blijven
    Het demissionaire kabinet stelt minder scherpe eisen aan Schiphol. Het jaarlijkse aantal vluchten op het vliegveld hoeft niet terug naar 440.000, maar naar 452.500. Ook hoeft de luchthaven niet te stoppen met nachtvluchten.  ( 4 min )
    Aandeel vrouwen in raden van bestuur wordt maar niet groter
    Mannen zijn nog steeds dominant in de bestuurskamers van beursgenoteerde bedrijven. Het aantal vrouwelijke bestuurders blijft steken rond de 15 procent, blijkt uit de Female Board Index 2023.  ( 4 min )
    Je krijgt opsporingsberichten van Burgernet voortaan niet meer via sms
    Deelnemers aan Burgernet ontvangen voortaan geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.  ( 3 min )
    Veel meer studenten dan verwacht vragen basisbeurs aan
    Vlak voor de deadline hebben al veel meer studenten de basisbeurs aangevraagd dan van tevoren werd gedacht. Onderwijsdienst DUO had donderdag al zevenduizend meer aanmeldingen ontvangen dan de organisatie had ingeschat.  ( 4 min )
    Nog 226.000 ondernemers hebben coronaschuld, een op de vijf betaalt niet
    Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen.  ( 3 min )
    Nog 226.000 ondernemers hebben coronaschuld, een op vijf betaalt niet
    Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen voor hun coronabelastingschulden.  ( 3 min )
    Veel meer studenten vragen basisbeurs aan dan verwacht
    Vlak voor de deadline hebben al veel meer studenten de basisbeurs aangevraagd dan van tevoren werd gedacht. De Dienst Uitvoering Onderwijs (DUO) had donderdag al zevenduizend meer aanmeldingen dan de organisatie had ingeschat.  ( 4 min )

  • Open

    UAW files unfair labor practice against GM, Stellantis
    The United Auto Workers union said on Thursday it filed unfair labor practice charges with the National Labor Relations Board against General Motors and Chrysler-parent Stellantis, saying they have refused to bargain in good faith. Separately, the UAW said Ford Motor has offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. Ford said it made a "generous offer" that would provide hourly employees with 15% guaranteed combined wage increases and lump sums, and improved benefits.  ( 31 min )
    SentinelOne raises full-year forecast, adds partnership with Wiz still on
    SentinelOne Inc raised its annual revenue forecast on Thursday, riding on resilient adoption of its AI-backed security offerings as macroeconomic fears abate. The cybersecurity company also clarified that it had just canceled a "reselling agreement" with Wiz and their partnership with the startup was still on. Startup Wiz said last week that it was considering a potential bid for SentinelOne, which has struggled to become profitable, after reports that it was considering putting itself up for sale.  ( 31 min )
    Broadcom Gives Downbeat Forecast, Signaling Sluggish Chip Demand
    (Bloomberg) -- Broadcom Inc., a supplier of chips to Apple Inc. and a broad swath of the tech industry, gave a disappointing forecast for the current period, signaling that demand remains sluggish for electronic components. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Merc  ( 33 min )
    The new bull market for tech stocks is here as the sector is having a '1995-like AI Revolution,' Wedbush says
    No content preview
    VinFast Stock Keeps Tumbling. Why Short Sellers Aren’t Winning Big.
    There are few shares shorted, for good reason.  ( 22 min )
    Biden offers $15.5B to boost battery and EV manufacturing
    The United States Department of Energy is dedicating $15.5 billion to support the transition to electric vehicles. As part of President Joe Biden's Investing in America agenda, most of the money will go to automakers and suppliers to retool their plants to produce electric, hybrid and hydrogen fuel cell electric vehicles, the agency said Thursday. A total of $12 billion ($2 billion in grants and $10 billion in loans) will directly support automotive manufacturing conversion projects for light-, medium- and heavy-duty EVs.  ( 30 min )
    Top CDs Today: New Leading Rate on 18-Month CDs
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.  ( 20 min )
    Pretzel-shop worker with pennies in bank account charged in $1M scheme to buy Tesla, GameStop, Nvidia shares
    The SEC has charged a 23-year-old part-time pretzel-shop worker in a $1 million fraud scheme to buy shares of Tesla, GameStop and Nvidia.  ( 31 min )
    9 CDs Are Paying a Record Rate of 6%—Or More
    CD rates have hit a new record, reaching 6%—and beyond—for the first time in more than 16 years. Across the country, we're aware of nine options that pay this historic rate.  ( 19 min )
    Dell Technologies Trounces Second-Quarter Goals, Says AI Is A Tailwind
    No content preview
    Four Cathie Wood Stocks Near Buy Points
    No content preview
    SentinelOne Earnings, Revenue Top Estimates As Wiz Alliance Ends
    No content preview
    8 CDs Are Offering a Record Rate of 6%
    CD rates have hit a new record, reaching 6%—and beyond—for the first time in more than 16 years. Across the country, we're aware of nine options that pay this historic rate.  ( 19 min )
    Brazil's Pre-Salt Oil Gains Unprecedented Global Popularity
    Despite political changes and environmental concerns, Brazil's oil sector, led by Petrobras, is rapidly expanding, aiming to make the country the world's fourth-largest oil producer.  ( 34 min )
    Dow Jones Falls As Jobs Report Looms; Tesla Up Despite Elon Musk Probe; Marijuana Stocks Soar
    No content preview
    Broadcom Earnings Edge Estimates. The Stock Slips.
    The chip maker sees promise in the artificial intelligence trend.  ( 22 min )
    Broadcom Beats Quarterly Estimates But Offers In-Line Outlook
    No content preview
    Lululemon raises annual forecasts for second time on buoyant demand
    Lululemon is relatively seeing "no change" in customer behavior for its products as people have stuck to their pandemic habits of shopping for comfortable clothing such as Dance Studio pants, running shorts as well as accessories like backpacks and duffle. Like industry peer Hibbett, Lululemon has also been launching new products such as "road-to-trail" running shoes and introducing new colors in its sports apparel in a bid to attract more customers to shop at its stores. Lululemon now expects annual profit between $12.02 and $12.17 per share, compared with its prior estimate of $11.74 to $11.94 per share.  ( 31 min )
    Dell Stock Surges After Earnings Blow Past Forecasts. Demand Is on the Mend.
    Revenue in the latest quarter was $2 billion higher than the $20.9 billion consensus forecast among analysts on Wall Street. Guidance topped estimates.  ( 22 min )
    UPS offers pilot buyout as demand falters
    United Parcel Service has offered early retirement to its pilots as it works to offset softening demand, higher labor costs and business losses, a local television station reported on Thursday. The move marks the first time the U.S. delivery company has made such an offer to pilots since 2010, when 109 opted to take the buyouts. The company hopes that 167 pilots will take the early retirement offer, according to a news report from television station WDRB in Louisville, Kentucky.  ( 31 min )
    Apple Ends Historic Winning Streak. The iPhone 15 Can’t Come Soon Enough.
    August was the stock's worst month all year and ends the longest monthly winning streak since 2014. All hopes are pinned on the new iPhone.  ( 22 min )
    Paramount global debt cut to just above junk by Moody’s
    (Bloomberg) -- Paramount Global had its senior debt rating cut to one level above junk-bond status by Moody’s Investors Service, which cited the media company’s heavy borrowing and tough conditions for the film and TV industry.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s M  ( 32 min )
    Here's where the stock market is headed next after a tough August, according to Wall Street's top strategists
    No content preview
    Investing Rules the Legendary Warren Buffett Lives By
    Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.  ( 24 min )
    Bank Stocks Tumble for Worst Month Since SVB Sparked Crisis
    (Bloomberg) -- It’s been more than five months since Silicon Valley Bank failed, but you wouldn’t know it from looking at bank stocks. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallThe KBW Bank Inde  ( 32 min )
    Growth Stock Trumps S&P 500 With Triple Gains, Nears Buy Point
    No content preview
    Intel to Accelerate Arizona Fab Build Out After Getting Large Customer Order
    Intel CEO Pat Gelsinger says third-quarter revenues are running at the high end of the company's guidance range  ( 22 min )
    Intel Rallies on CEO Gelsinger’s Optimistic Comments
    (Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger said the chipmaker is on course to hit its third-quarter forecasts, helped by an improving personal-computer market.Most Read from BloombergUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong to Shut Down City Before Super Typhoon Saola HitsUS Health Officials Urge Moving Pot to Lower-Risk CategoryPutin Moves to Seize Control  ( 31 min )
    Tesla Faces New Competition As European Auto Sales Soar
    European auto sales increased for the 12th consecutive month, seeing a 17% rise in July, led by growth in Germany, France, and Spain, with electric cars making significant gains.  ( 31 min )
    Stocks rise after PCE data signals cooling inflation: Stock market news today
    Stocks are eyeing a fifth straight day of gains after the Fed's preferred inflation gauge signaled a softening in pressures.  ( 32 min )
    Palantir Stock Drops After Downgrade. How to Cash In on AI Isn’t Clear.
    Morgan Stanley said that while optimism about artificial intelligence has lifted the stock, the company hasn't said how it will monetize the technology.  ( 23 min )
    Market Update: ANF, BJ, DKNG
    No content preview
    Analyst Report: Abercrombie & Fitch Co.
    No content preview
    Analyst Report: BJ`s Wholesale Club Hldgs In
    No content preview
    China's property crisis deepens with 87% value wipeout in developers' dollar bonds
    An 87% value wipeout for Chinese developers' dollar bonds is symptomatic of the wider crisis facing the nation's property sector, which has seen 53 companies collapse in about two years.  ( 31 min )
    Struggling Newton biotech Acer Therapeutics scooped up by Florida firm
    A Newton biotech close to the end of its cash runway has been scooped up by a Florida firm.  ( 22 min )
    Bearish Signal Flashing for AT&T Stock
    AT&T stock could soon move closer to its recent 30-year lows  ( 30 min )
    How Much Interest Would $10 Million Net Me For Retirement?
    No content preview
    Retiring at 55 With $6 Million Will Buy You This Type of Lifestyle
    No content preview
    Another Black Swan Event For China's Real Estate Market? China's Former Largest Real Estate Developer Is Sounding The Alarm
    The Chinese real estate market is experiencing another potential black swan event as Country Garden, once China's largest property developer by sales, spirals into a crisis that threatens to surpass the impact of China Evergrande Group. The Foshan-based Country Garden is under heightened scrutiny because it oversees four times as many property projects as Evergrande. China's housing slump is exacerbating broader concerns over its economy, with signs of spillover effects ranging from missed payme  ( 33 min )
    Nikola founder loses bid for a new trial
    Nikola Corp. founder Trevor Milton lost a bid for a new trial on a claim of juror bias. The post Nikola founder loses bid for a new trial appeared first on FreightWaves.  ( 32 min )
    Smoke and mirrors: I’ve been debating Vivek Ramaswamy for 2 years. Here’s how I got past his diversionary tactics
    Vivek Ramaswamy's fiercest critic, Yale Professor Jeffrey Sonnenfeld, has studied the presidential hopeful's debate strategies–and his business record.  ( 34 min )
    30-Year Mortgage Rates Fall Again, Sink to Three-Week Low
    Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.  ( 21 min )
    Seeking up to 24% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering up to 24% yield – that’s almost 15x higher the average yield found i  ( 33 min )
    5 Top Energy Stocks In Play As Oil Prices Hold Above $80 Per Barrel
    No content preview
    Shopify Is Offering Amazon’s ‘Buy With Prime.’ What Wall Street Thinks of the Deal.
    Amazon will release an app in Shopify’s ecosystem, allowing merchants to integrate a 'Buy With Prime' option into a product's page.  ( 26 min )
    Exxon’s Last Bearish Analyst Taps Out After Oil Rally Prompts Upgrade
    (Bloomberg) -- Exxon Mobil Corp. has shaken off its last bearish rating as a breakneck rally in oil prices spurred Redburn to upgrade the oil major to neutral.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Mercenary EmpireUS Health Officials Urge Moving Pot to Lower-Risk C  ( 31 min )
    Amazon is quietly building the most powerful advertising machine in the world
    Amazon advertising will likely help define the tech giant's business in years to come.  ( 33 min )
    Palantir downgraded, Shopify upgraded: Wall Street's top analyst calls
    Palantir downgraded, Shopify upgraded: Wall Street's top analyst calls  ( 33 min )
    Pure Storage Stock Falls Despite Clean Beat-And-Raise Earnings Report
    No content preview
    Fed's preferred inflation measure edges higher in July
    The Federal Reserve's preferred inflation metric edged higher in July, likely raising the odds of another Fed rate hike at its November meeting.  ( 33 min )
    The Fed's New Key Inflation Rate Just Jumped, But S&P 500 Futures Rise
    No content preview
    Kylie Jenner Has Explored Buying Back Coty’s $600 Million Stake in Her Makeup Brand
    (Bloomberg) -- Kylie Jenner has explored taking back ownership of the cosmetics line she sold to Coty Inc. three years ago, according to people familiar with the matter, a sign of how the relationship between one of the world’s largest beauty companies and one of entertainment’s most famous families has become strained.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Fl  ( 32 min )
    Arista Stock Jumps. An Analyst Now Says It’s Time to Buy.
    Citi turned bullish on Arista shares, seeing growth ahead from cloud computing providers  ( 26 min )
    Bitcoin Holds Lower After Inflation Data. September Worries Are Building.
    Bitcoin traders continue to focus on U.S. economic data that could move the needle on the Federal Reserve's pathway for interest rates as cryptocurrencies are about to enter a tough month.  ( 22 min )
    Dollar General Stock Sinks After Company Cuts Outlook
    Shares of Dollar General are sinking premarket after the retailer reported a drop in quarterly profit and cut is sales and earnings outlook. The stock was recently down 15% at $133.85 ahead of the opening bell. Dollar General said its gross profit rate fell in the second quarter, citing factors in  ( 22 min )
    Dow Jones Futures Rise 150 Points After Key Inflation Data; Dollar General Plunges On Earnings
    No content preview
    US consumer spending in July surges; weekly jobless claims fall
    U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged next month. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.8% last month, the Commerce Department reported on Thursday. Slowing inflation and a still tight labor market, which is keeping wage gains elevated, are supporting consumer spending and propping up the economy.  ( 31 min )
    Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases
    An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September. The year-over-year figure, though, is down sharply from the 7% peak it reached a year ago, though still above the Fed's 2% inflation target. The latest data follows other recent reports that suggest the economy and the job market may be slowing enough to cool inflation pressures.  ( 32 min )
    Ciena Stock Rallies After Earnings Top Estimates
    The optical networking hardware company is seeing strong demand from cloud providers.  ( 26 min )
    3M Stock Catches Another Upgrade. Why Sentiment Is Shifting.
    Morgan Stanley analyst Joshua Pokrzywinski bumped the shares to Hold From Sell. His price target went to $113 from $102 each.  ( 26 min )
    8 Stocks Turn $10,000 Into $120,005 In 8 Months
    No content preview
    Palantir Downgraded by Morgan Stanley on Overdone AI Optimism
    (Bloomberg) -- Palantir Technologies Inc. was downgraded to underweight at Morgan Stanley, the latest indication of how Wall Street is skeptical of the software company, which has touted itself as a major player within artificial intelligence.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical P  ( 31 min )
    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
    No content preview
    Dollar General Stock Sinks. The Retailer Slashed Its Outlook and Missed Earnings Expectations.
    Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion.  ( 26 min )
    How Nvidia Could Run The Table In The AI Market For Years
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Analyst Report: Oshkosh Corp
    No content preview
    Analyst Report: Perrigo Company PLC
    No content preview
    'The Great Resignation is over.' And here's why.
    Tough luck job seekers. As job listings and quit rates shrink, the great reshuffling of the pandemic-era has come to an end.  ( 33 min )
    Dollar General cuts annual forecasts on weak traffic, discretionary spending slowdown
    Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic and the discount retailer's move to sell more low-margin essentials over discretionary products. U.S. consumers, particularly in low-to-middle-income groups, have been feeling the pinch as reductions in government funding and lower tax refunds worsen inflationary pressures. The company said gross profit as a percentage of net sales was down 126 basis points in the second quarter from last year, driven by lower inventory and increased shrink, as well as inventory damages.  ( 31 min )
    Alibaba Stock Slumps After More Gloomy Economic Data. Here’s the Upside.
    Data revealed a further contraction in the world's second-largest economy, but it wasn't as bad as expected and there are bright spots to look to.  ( 26 min )
    Morgan Stanley analyst predicts S&P 500 could leap another 11% this year, boosted by gains to ‘Magnificent Seven’ stocks
    The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.  ( 33 min )
    CIBC posts lower third-quarter profit as bad loan provisions rise
    In the latest set of earnings results, several lenders have increased their provisions for loan defaults as borrowings becoming pricier in a slowing economy has elevated the risk of clients falling behind on their mortgage and credit card repayments. CIBC, Canada's fifth largest bank by market capitalization, reported C$736 million in provisions for credit losses at the end of the third quarter, compared with C$243 million in the year-ago quarter. Peers, Bank of Montreal and Bank of Nova Scotia missed quarterly profit estimates earlier in the week, weighed down by higher provisions.  ( 31 min )
    September is historically an awful month for stocks — but maybe not this time
    September is the worst month generally for the stock market. But when you look at the data, there's reason to be bullish.  ( 32 min )
    4,300 Ford and GM workers at center of possible UAW strike
    A September 14 contract expiration could impact 4,300 local jobs, if Ford and GM don't come to an agreement with the UAW.  ( 23 min )
    IRS flagged these tax returns for ID theft and 2.5 million people just didn't respond
    IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.  ( 35 min )
    These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, CrowdStrike, Chewy, and More
    Salesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a second-quarter net profit of $29 billion following the integration of Credit Suisse.  ( 27 min )
    The US Is Losing the Corn-Exporting Crown
    (Bloomberg) -- For more than half a century, US farmers dominated the international market for corn, shipping more of the critical crop than any other country to feed the world’s livestock, fill its stockpiles and manufacture its processed foods. Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Smashes Banking Record as It Absorbs Credit SuisseHong Kong to Shut Down City Before Super Typhoon Saola HitsSingapore S$1 Billion Laundering Scandal Embroils Its Bank  ( 33 min )
    UBS Stock Jumps on Record $29 Billion Profit as Credit Suisse Integration Progresses
    UBS is making progress integrating Credit Suisse, the former rival it acquired at a fire sale price earlier this year.  ( 27 min )
    Pernod Ricard Shares Fall After Mixed FY 2023 Results
    Pernod Ricard reported below-forecast sales and profit for fiscal 2023, but backed its medium-term financial targets and said it planned a €800 million share buyback. The stock opened almost 5% lower.  ( 24 min )
    4 big analyst cuts: Palantir slashed at Morgan Stanley on stretched AI valuations
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Palantir Technologies, Box, Chewy, and Victoria's Secret. Palantir Technologies (NYSE:PLTR) shares fell more than 4% pre-market today after Morgan Stanley downgraded the company to Underweight from Equalweight with a price target of $9.00 (from $8.00), as reported in real time on InvestingPro. Craig-Hallum downgraded Box (NYSE:BOX) to Hold from Buy and cut its price target to $30.00 from $35.00.  ( 32 min )
    UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
    Swiss bank UBS announced Thursday plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse's domestic operations, as UBS released its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown. In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped up its accounting for all of 2023. UBS appeared to make no mention of one of the major outstanding questions: how many of Credit Suisse's 50,000 employees would be kept on.  ( 31 min )
    Lululemon Earnings Are Today. Why the Results Could Blow Past Competitors.
    The company continues to see strong sales momentum even as consumers have started to pull back on discretionary spending.  ( 22 min )
    Inflation Likely Ticked Higher in July, Based on Core PCE.
    Core PCE has inched down since February. Now, technical effects are reversing that.  ( 27 min )
    Dow Jones Futures Rise: Salesforce Jumps, Four Titans Near Buy Points; Inflation Data Due
    No content preview
    Here's why China's yuan will never be able to dethrone the US dollar
    "That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations have vied for an alternative to the dollar."  ( 32 min )
  • Open

    USD Coin (USDC): Definition, How It Works in Currency, and Value
    USD Coin (USDC) is a stablecoin that is fully backed by U.S. dollars and dollar-denominated assets. USDC is not issued by the U.S. government.  ( 22 min )
    Economic Value: Definition, Examples, Ways To Estimate
    Economic value is the worth of a good or service determined by people's preferences and the trade-offs they choose given their scarce resources.  ( 20 min )
    Life vs. Health Insurance: Choosing What to Buy
    When you only buy the coverage you truly need, the debate over medical insurance vs. life insurance might just be one you can avoid.  ( 26 min )
    How to Calculate Debt Service Coverage Ratio (DSCR) in Excel
    Debt service coverage ratio (DSCR) is used to measure a company's cash flow available to pay current debt. Learn how to calculate DSCR in Excel.  ( 22 min )
    The Business Model of Reinsurance Companies
    Learn about the business of reinsurance, a hidden industry that underpins the entire financial and insurance structure around the globe.  ( 21 min )
    Does Dental Insurance Cover Crowns?
    Most dental insurance plans provide a yearly amount of maximum coverage, after which you have to pay for any expenses above that cap.  ( 20 min )
    10 Tips for Managing Your Student Loan Debt
    How to manage those burdensome payments as you embark on your adult life.  ( 26 min )
    Top CDs Today: New Leading Rate on 18-Month CDs
    Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.  ( 19 min )
    Betterment vs. E*TRADE Core Portfolios: Which Is Best for You?
    Compare Betterment and E*TRADE Core Portfolios, two robo-advisors on our list of the best, to see which one offers the portfolio management and investing features you need.  ( 28 min )
    9 CDs Are Paying a Record Rate of 6%—Or More
    CD rates have hit a new record, reaching 6%—and beyond—for the first time in more than 16 years. Across the country, we're aware of nine options that pay this historic rate.  ( 18 min )
    American Rule: Meaning, Exceptions, Example
    The American Rule is the standard that two opposing sides in a legal matter pay their own attorney fees, whether they win or lose the case.  ( 20 min )
    Self-Employment: Definition, Types, and Benefits
    A self-employed individual does not work for a specific employer who pays them a consistent salary or wage.  ( 25 min )
    S&P 500 Gains and Losses Today: Index Ends August Little Changed Following Inflation Data
    U.S. equities ended August little changed, with the S&P 500 slipping 0.2% on Aug. 31, 2023, after a report showing a small rise in inflation raised hopes the Fed may back off further rate hikes  ( 18 min )
    Using Your Flexible Spending Account (FSA) for Dental Care
    Discover what your flexible spending account (FSA) will and won’t cover at the dental office before you make your next appointment.  ( 21 min )
    Robo-Advisors and Impact Investing: What You Need to Know
    Socially responsible and ESG investing are gaining traction, especially with younger investors who also may be attracted to the technologically-focused investment platforms that robo-advisors provide.  ( 25 min )
    Hormel Misses Forecasts, Cuts Outlook on Falling Meat Prices and Lower Demand in China
    Hormel shares lost ground after the maker of Spam, Skippy Peanut Butter, and other foods missed earnings and revenue estimates, and cut its outlook on falling meat prices and a drop in sales in China.  ( 17 min )
    Transfer of Physical Assets (TPA) Definition
    A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.  ( 24 min )
    Marginalism: Definition, How It Works, Key Insight, and Example
    Marginalism is an economic principle that decisions and adjustments to economic behavior occur incrementally rather than categorically.  ( 19 min )
    How Do Business Grants Work?
    Small businesses are a vital part of the American economy. To help them grow and expand, government and private funders make available grants that typically do not have to be repaid. Here's everything you need to know about securing a grant.  ( 24 min )
    Series 28 Definition
    The Series 28 is a financial exam for those seeking to become licensed recordkeepers or operations principals for broker-dealer firms.  ( 19 min )
    Business Development: Definition, Strategies, Steps & Skills
    Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.  ( 27 min )
    Warren Buffett Controversies That Have Threatened His Reputation
    Controversy is nothing new for one of the most celebrated investors in history.  ( 23 min )
    Is Warren Buffett’s 90/10 Asset Allocation Sound?
    Warren Buffett made waves when he said 90% of his wife’s assets would be allocated to stocks. Is it a good idea for typical investors to follow suit?  ( 24 min )
    Warren Buffett: Be Fearful When Others Are Greedy
    The fear that leads to superior investment opportunities may be caused by macroeconomic events or short-term, non–moat damaging business results.  ( 24 min )
    How Does Warren Buffett Choose His Stocks?
    Fellow investors have long praised—and envied—Warren Buffett's seemingly uncanny ability to pick stocks. Here is how he does it.  ( 23 min )
    Who Is Warren Buffett? How Did He Make His Fortune?
    Find out how the value investor bought up companies and made billions of dollars through his holding company’s investments.  ( 30 min )
    Investing Rules the Legendary Warren Buffett Lives By
    Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.  ( 24 min )
    Can Decentralized, Blockchain-based Internet Become a Reality?
    Here’s what a decentralized, blockchain-based internet promises, and where it may face issues.  ( 21 min )
    Okta Shares Soar as Business Demand for Protection From Hackers Increases
    Shares of Okta rose 13.5% Thursday as growing cybersecurity concerns drove up demand for the company’s identification software.  ( 16 min )
    Employability, the Labor Force, and the Economy
    Learn how employability is affected by market and economic conditions. Find out how soft, hard, and technical skills affect a person’s employability.  ( 28 min )
    The Multiple Strategies of Hedge Funds
    Current and potential hedge fund investors need to understand how much risk hedge funds take on in order to make money.  ( 27 min )
    Merrill Guided Investing vs. E*TRADE Core Portfolios: Which Is Best For You?
    Compare Merrill Guided Investing and E*TRADE Core Portfolios to learn how the investing platforms differ, and then decide which robo-advisor is best for you.  ( 25 min )
    Sovereign Wealth Fund (SWF): Definition, Examples, and Types
    A sovereign wealth fund is a state-owned investment fund used to benefit the country's economy and citizens.  ( 21 min )
    Insurance Coverage: A Business Necessity
    Business owners can ensure their small business is protected against financial loss with the right property and liability coverage.  ( 20 min )
    Why Is the Forex Market Open 24 Hours a Day?
    The forex market is open 24 hours a day because exchanges worldwide are open at overlapping times for 120 hours, from 5 p.m. EST on Sunday to 5 p.m. EST on Friday.  ( 24 min )
    International Bookings Soar as Americans Boost Labor Day 2023 Travel Plans
    International travel bookings rose 44% and domestic travel 4% for the 2023 Labor Day holiday, according to AAA, as cruise bookings gain and Canada, Alaska, and Europe are popular.  ( 18 min )
    What Are Meme Stocks, and Are They Real Investments?
    Meme stocks describe the shares of companies that have gained a cult-like following on social media, which can influence share prices.  ( 29 min )
    How Tornadoes Impact the Economy
    Natural disasters are undesirable forms of economic stimulus, but economists have found that increased economic activity often follows.  ( 20 min )
    Economic Rent: Definition, Types, How It Works, and Example
    Economic rent is an excess payment made to or for a factor of production over and above the amount expected by its owner.  ( 22 min )
    Multiline Insurance: What it Means, How it Works, Advantages
    Multiline insurance is a type of insurance policy that bundles exposures to risk and covers them under a single contract.  ( 19 min )
    What to Expect on the CFA Level II Exam
    Learn about the nuances of the CFA Level II exam, which goes more in-depth into investment management and portfolio concepts.  ( 25 min )
    Microsoft to Unbundle Teams Software From Office Suites to Appease EU Regulators
    To address anti-competition allegations by the European Commission, Microsoft plans to unbundle Teams for its suites starting in October.  ( 17 min )
    Offshore: Definition, How It Works, Pros and Cons
    Offshore refers to a location outside of one's national boundaries, either land- or water-based. Learn about offshore banking, corporations, and investing.  ( 27 min )
    Revealed Preference in Economics: What Does It Show?
    Revealed preference states that consumer behavior, if their income and the item's price are held constant, is the best indicator of their preferences.  ( 20 min )
    How the IRS Catches Tax Cheats and Liars
    When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.  ( 22 min )
    Spending Grew Faster Than Inflation—And Paychecks—In July
    Neither rising prices nor the cooling job market have deterred consumers from cutting back on their spending—at least so far.  ( 17 min )
    Demand Theory: Definition in Economics and Examples
    Demand theory is a principle relating to the relationship between consumer demand for goods and services and their prices.  ( 21 min )
    US Expands Restrictions on AI Chip Exports to Some Middle Eastern Countries
    The Biden administration expanded curbs on exports of certain AI chips beyond China to include several Middle Eastern countries, chipmaker Nvidia said in a regulatory filing.  ( 18 min )
    Betterment vs. Wealthfront: Which Is Best for You?
    Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.  ( 28 min )
    Series 6 Exam vs. Series 7 Exam: What's the Difference?
    Series 6 and Series 7 are two Financial Industry Regulatory Authority (FINRA) license exams. Read on to learn about the licenses and how the tests differ.  ( 22 min )
    Markets Continue Winning Streak at Midday After Key Inflation Report
    U.S. equities rose at midday on Thursday, Aug. 31, 2023 and headed for a fifth-straight winning session after a report showed inflation rose modestly last month, raising hopes the Fed might not hike interest rates.  ( 16 min )
    Layoff Announcements Jumped in August as Companies Reduced Expenses
    U.S.-based employers said they would be cutting 75,151 jobs in August, a 217% jump from July and 267% more than a year ago, according to a study by Challenger, Gray & Christmas.  ( 17 min )
    Dollar General Misses Estimates on Softer Sales, Higher Expenses, and Theft
    Dollar General shares tumbled after the discount retailer missed estimates and cut its outlook on softer sales, higher capital expenses, and losses from theft.  ( 17 min )
    Barclays Bank CD Rates: September 2023
    Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 19 min )
    Shopify Shares Jump 8% After 'Buy With Prime' Deal With Amazon
    A new deal makes using Buy with Prime easier for Shopify vendors—and brings Buy with Prime under the Shopify Payments umbrella.  ( 18 min )
    Double Top: Definition, Patterns, and Use in Trading
    A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.  ( 26 min )
    Warren Buffett: How He Does It
    Warren Buffett has consistently ranked high on the Forbes list of billionaires. He has a careful methodology for evaluating value stocks and investing.  ( 29 min )
    How to Plan for Retirement
    Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 29 min )
    The Great Recession's Impact on the Housing Market
    The Great Recession was caused by lending and investing practices that eventually led to a financial system collapse following a housing market crash.  ( 23 min )
    How to Pay Off Your Student Loans
    Paying off education debt can be a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 29 min )
    The Pros and Cons of Price Wars
    Price wars have advantages and disadvantages. Cheaper prices for the customer may seem great, but aggressive price cutting may cause problems for businesses.  ( 23 min )
    30-Year Mortgage Rates Fall Again, Sink to Three-Week Low
    Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.  ( 20 min )
    Price Sensitivity: What It Is, How Prices Affect Buying Behavior
    Price sensitivity is the degree to which the price of a product or service influences consumer purchases.  ( 23 min )
    How the Nasdaq Pre-Market Works
    Nasdaq's pre-market operations do much more than just extend the trading day by 85%; it affects stock quotes and quantities, too.  ( 21 min )
    Does Insurance Cover Service Dogs?
    Health insurance generally does not cover the cost of a service dog, but you do have other financing options to help you offset this expense.  ( 23 min )
    Price Transparency: Meaning, Costs, Improvement
    Price transparency typically refers to the accessibility of information on the order flow for a particular stock.  ( 19 min )
    Robert Kiyosaki: The Man Behind 'Rich Dad Poor Dad'
    Robert Kiyosaki is a renowned author and entrepreneur, perhaps best known for his book 'Rich Dad Poor Dad.'  ( 24 min )
    How to Apply for a Minority Business Grant
    Minority business grants are available from both private and public sources to assist entrepreneurs who identify as minorities in funding their businesses. Here's an overview of these grants, their eligibility criteria, application process, and required documentation, plus some tips for a successful application.  ( 23 min )
    UBS Blows Past Profit Expectations After Buying Credit Suisse
    UBS shares jumped more than 5% in early trading Thursday after the Swiss banking giant posted second-quarter earnings that blew past analysts' expectations after its acquisition of ailing rival Credit Suisse.  ( 18 min )
    How to Trade Dow Jones Index Futures
    Learn how to trade Dow Jones Index futures contracts, including the popular e-Mini Dow stock index futures.  ( 25 min )
    The National Labor Relations Board: Protector of Employee Rights
    The National Labor Relations Board (NLRB) is an independent federal agency that enforces the National Labor Relations Act (NLRA) of 1935. Here is a look at its role and impact.  ( 24 min )
    Are Business Grants Taxable?
    Most business grants are regarded as taxable income, though there are some exceptions. If you are unsure whether your business grant is taxable, you should check the grant agreement, the IRS guidelines, or contact your grant donor.  ( 21 min )
    Change in Supply: What Causes a Shift in the Supply Curve?
    Change in supply refers to a shift, either to the left or right, in the entire price-quantity relationship that defines a supply curve.  ( 19 min )
    Salesforce Shares Jump as Profit Rises on Cost Cuts, AI Moves
    Salesforce shares surged after the software company reported second quarter profit that beat estimates and lifted its full-year outlook as cost-cutting measures paid off.  ( 17 min )
    How To Get Approved for a Small Business Grant
    As a small business owner or manager, you can apply for small business grants from a variety of sources. Once you’ve found a suitable grant, you should make sure your application is as competitive as possible. In this guide, we’ll show you how.  ( 26 min )
    Examples of Adverse Selection in the Insurance Industry
    Find out what the term "adverse selection" refers to in the insurance industry, and learn how insurance companies protect themselves from adverse selection.  ( 22 min )
    The Best Books on Warren Buffett
    These six books cover the legendary investor's life and lessons from various angles—and are fun to read besides.  ( 24 min )
    Buying a Franchise: Costs, Benefits, Warning Signs to Watch For
    Buying a franchise can be an easy way to get started in your own business, but there are some pitfalls, including upfront and ongoing costs. Here is how to investigate franchise opportunities.  ( 24 min )
    How Lying on Your Resume Will Get You in Trouble
    Lying on your resume is not only unethical, but it will damage your reputation and might result in legal action.  ( 23 min )
    U-3 vs. U-6 Unemployment Rate: What's the Difference?
    The U-3 unemployment rate is the official rate but many prefer the U-6 rate as it includes underemployed, marginally attached, and discouraged workers.  ( 25 min )
    Accumulated Earnings Tax: What It Is and How to Avoid It
    The accumulated earnings tax is imposed on corporations with retained earnings deemed to be excessive for their "reasonable" business needs.  ( 22 min )
    Monetary Base: Definition, What It Includes, Example
    A monetary base is the total amount of a currency in general circulation or in the commercial bank deposits held in the central bank's reserves.  ( 23 min )
    Dogs of the Dow: Definition, List of Stocks, Performance
    Dogs of the Dow is an investment strategy based on the 10-highest dividend-yielding stocks in the Dow Jones Industrial Average (DJIA).  ( 23 min )
    5 Things to Know Before Markets Open
    The Commerce Department is expected to report its PCE Price Index increased in July and Salesforce shares jumped after it beat expectations on improved margins. Here’s what investors need to know today.  ( 18 min )
    What Is Unlevered Free Cash Flow (UFCF)? Definition and Formula
    Unlevered free cash flow (UFCF) is a company's cash flow before interest payments are taken into account. UFCF can be reported in a company's financial statements or calculated using financial statements by analysts.  ( 25 min )
    Straddle vs. Strangle: What's the Difference?
    Straddles and strangles are options strategies that take advantage of significant moves up or down in a stock's price. Learn the difference between them.  ( 25 min )
    What Is a Waiver? Definition, Uses, Examples, and Types
    A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.  ( 23 min )
    How to Get Personal Loans With No Income Verification
    Personal loans with no income verification are available, but they often have sky-high interest rates and short repayment terms.  ( 23 min )
    How to Get Low-Income Loans: Everything You Need to Know
    Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 24 min )
    What are some examples of demand elasticity other than price elasticity of demand?
    Learn about income elasticity of demand and cross elasticity of demand and how to interpret these two measures of demand elasticity.  ( 20 min )
    Accessory Dwelling Unit (ADU): Definition, Cost, and Value Add
    An accessory dwelling unit (ADU) is a residential structure that shares the same lot as a primary structure.  ( 23 min )
    Cost of Living: Definition, How to Calculate, Index, and Example
    The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.  ( 21 min )
    Inflation vs. Stagflation: What's the Difference?
    Inflation is a broad increase in prices in an economy. Stagflation is a combination of high inflation with slow economic growth and high unemployment.  ( 25 min )
    MSCI BIC Index Definition
    Learn more about the BIC Index, a benchmark that measures the equity market performance of the emerging market indices of Brazil, India, and China.  ( 23 min )
    Equity Financing: What It Is, How It Works, Pros and Cons
    Companies seek equity financing from investors to finance short or long-term needs by selling an ownership stake in the form of shares.  ( 29 min )
  • Open

    S&P 500 Gains and Losses Today: Index Ends August Little Changed Following Inflation Data
    U.S. equities ended August little changed, with the S&P 500 slipping 0.2% on Aug. 31, 2023, after a report showing a small rise in inflation raised hopes the Fed may back off further rate hikes  ( 1 min )
    Markets Continue Winning Streak at Midday After Key Inflation Report
    U.S. equities rose at midday on Thursday, Aug. 31, 2023 and headed for a fifth-straight winning session after a report showed inflation rose modestly last month, raising hopes the Fed might not hike interest rates.  ( 1 min )
    5 Things to Know Before Markets Open
    The Commerce Department is expected to report its PCE Price Index increased in July and Salesforce shares jumped after it beat expectations on improved margins. Here’s what investors need to know today.  ( 1 min )
  • Open

    Hormel Misses Forecasts, Cuts Outlook on Falling Meat Prices and Lower Demand in China
    Hormel shares lost ground after the maker of Spam, Skippy Peanut Butter, and other foods missed earnings and revenue estimates, and cut its outlook on falling meat prices and a drop in sales in China.  ( 1 min )
    Okta Shares Soar as Business Demand for Protection From Hackers Increases
    Shares of Okta rose 13.5% Thursday as growing cybersecurity concerns drove up demand for the company’s identification software.  ( 1 min )
    Shopify Shares Jump 8% After 'Buy With Prime' Deal With Amazon
    A new deal makes using Buy with Prime easier for Shopify vendors—and brings Buy with Prime under the Shopify Payments umbrella.  ( 1 min )
    US Expands Restrictions on AI Chip Exports to Some Middle Eastern Countries
    The Biden administration expanded curbs on exports of certain AI chips beyond China to include several Middle Eastern countries, chipmaker Nvidia said in a regulatory filing.  ( 1 min )
  • Open

    Holland Norway Lines: ondanks financiële problemen nog kans dat we weer varen
    Holland Norway Lines, dat met een ferry overtochten naar Noorwegen aanbiedt en woensdag uitstel van betaling heeft aangevraagd, ziet nog steeds een kans dat er weer gevaren gaat worden. Dat meldt het Nederlandse bedrijf in een bericht aan klanten.  ( 4 min )
    Storing C2000-communicatienetwerk voor politie en andere hulpdiensten is voorbij
    De storing van het C2000-communicatienetwerk is voorbij, al is de oorzaak nog onbekend. Het netwerk kampte donderdagmiddag met een landelijke storing. Dat leidde volgens de politievakbonden tot onveilige situaties.  ( 4 min )
    Storing C2000-netwerk zorgt voor onveilige situatie, agenten teruggeroepen
    Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.  ( 5 min )
    Jumbo neemt nog meer supermarkten over van Jan Linders
    Supermarktketen Jan Linders verkoopt nog eens vier vestigingen aan Jumbo. Eerder kocht de geelzwarte formule al zes supers van het Limburgse bedrijf. Hoeveel geld met de deal is gemoeid, is niet bekendgemaakt.  ( 3 min )
    In 100 woorden | Betekent dalende inflatie dat alles goedkoper wordt?
    De inflatie in Nederland is in augustus gedaald naar 3 procent, mede vanwege een nieuwe rekenmethode. Veel NUjij'ers dachten dat de boodschappen dus ook goedkoper werden, maar dat klopt niet. Economieredacteur Thijs Rösken legt uit wat dalende inflatie precies betekent.  ( 3 min )
    Failliet VanMoof overgenomen door e-stepmerk Lavoie
    E-bikemaker VanMoof wordt overgenomen door e-stepmerk Lavoie, onderdeel van het Britse McLaren Applied. Dat melden de curatoren donderdag. Lavoie is van plan verder te groeien door de overname en de activiteiten van VanMoof verder te ontwikkelen.  ( 4 min )
    Storing C2000-netwerk zorgt voor onveilige situatie hulpdiensten, agenten teruggeroepen
    Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.  ( 4 min )
    Vanaf morgen krijg je opsporingsberichten van Burgernet niet meer via sms
    Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.  ( 3 min )
    Burgernet stopt morgen met opsporingsberichten via sms
    Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.  ( 3 min )
    Megabank Credit Suisse verdwijnt volledig van toneel na overname door UBS
    De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.  ( 4 min )
    In 100 woorden | Hoe wordt de inflatie precies berekend?
    De inflatie in Nederland is in augustus gedaald naar 3 procent. Dat komt mede door een nieuwe rekenmethode. Het winkelmandje met producten waarmee het cijfer wordt berekend, verandert continu. NU.nl-lezers vroegen zich af: hoe wordt die inflatie dan vastgesteld?  ( 3 min )
    Eneco gaat tegen betaling minder windenergie opwekken in de spits
    Energieleverancier Eneco gaat bij een Gronings windpark spitsmijden op het stroomnet. Het bedrijf laat de windmolens op piekmomenten zo draaien, dat ze maar weinig wind vangen. Dat doet Eneco als het plaatselijke stroomnet overbelast is.  ( 3 min )
    Begroting is rond: alcohol en sigaretten duurder, steun voor laagste inkomens
    De begroting voor volgend jaar is zo goed als rond. Het demissionaire kabinet trekt 2 miljard euro uit om vooral de laagste inkomens te steunen.  ( 4 min )
    Waar onze inflatie daalt, blijven prijsstijgingen in eurozone groot
    De consumentenprijzen in eurolanden zijn in augustus 5,3 procent hoger dan een jaar eerder. Daarmee is de inflatie precies even hoog als in juli. Waar in Nederland de inflatie door goedkopere energie flink is gedaald, is dat effect in de hele eurozone niet zo groot.  ( 4 min )
    Smartwatchmaker Fitbit ligt onder vuur vanwege privacybeleid
    Privacyorganisatie None of your business (Noyb) heeft bij verschillende Europese privacytoezichthouders geklaagd over smartwatchfabrikant Fitbit. Volgens de belangenclub worden Fitbit-gebruikers gedwongen om toestemming te geven voor de overdracht van hun persoonlijke gegevens naar landen buiten de Europese Unie.  ( 4 min )
    Komende jaren meer hinder op spoor door onderhoud op drukke momenten
    ProRail gaat de komende jaren steeds vaker doordeweeks en overdag onderhoud doen aan het spoor. Volgend jaar zal vooral de Friese reiziger dat merken. In de jaren daarna gebeurt dit ook in andere delen van het land. Dat meldt ProRail donderdag.  ( 4 min )
    Megabank Credit Suisse verdwijnt van het toneel na overname door UBS
    De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.  ( 4 min )
    Vogels, handen of rivieren: laatste dag om te stemmen voor nieuwe bankbiljetten
    Wie bij 'snip' nog steeds denkt aan een biljet van 100 gulden, kan vandaag nog proberen de vogel terug op een bankbiljet te krijgen. De eurobiljetten krijgen (bijna) allemaal een nieuw ontwerp en vogels zijn een van de mogelijke thema's.  ( 4 min )
    Winkels zien klanten minder kopen, maar door hogere prijzen stijgt omzet toch
    Winkeliers zagen hun omzet in juli 5 procent hoger uitkomen dan een jaar eerder. Maar dat komt wel vooral door prijsverhogingen, want consumenten kochten juist minder. Er werden 2,8 procent minder producten verkocht.  ( 3 min )
    Inflatie duikt in augustus naar laagste niveau in twee jaar tijd
    De inflatie valt in augustus veel lager uit dan in de voorgaande maanden. De consumentenprijzen zijn nu slechts 3 procent hoger dan een jaar eerder. Sinds september 2021 is dit percentage niet meer zo laag geweest. Afgelopen juli was de inflatie nog 4,6 procent.  ( 5 min )
    Nederlandse aardgasreserves in dit tempo over minder dan negen jaar uitgeput
    De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.  ( 4 min )
    Een koophuis is nu gemiddeld vijf keer zo duur als in 1993
    De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.  ( 4 min )
    Inflatie daalt snel naar laagste niveau in twee jaar tijd
    De inflatie over de maand augustus valt behoorlijk veel lager uit dan in de afgelopen maanden. Consumentenprijzen stegen ten opzichte van vorig jaar met 3,0 procent. In juli was dat nog 4,6 procent. Sinds september 2021 was dit percentage niet meer zo laag.  ( 4 min )
    Nederlandse aardgasreserves over minder dan negen jaar uitgeput
    De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.  ( 4 min )
    Een huis is nu gemiddeld vijf keer zo duur als in 1993
    De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.  ( 4 min )

  • Open

    ‘Enthusiasm Wouldn’t Last’: Billionaire Leon Cooperman Sees Reasons to be Bearish on the Red-Hot Stock Market — but Stays Heavily Invested in These 2 Names
    How far can good vibes push the market? That’s a question investors should think about, especially if events pan out as investing legend Leon Cooperman believes they will. The billionaire hedge fund manager does not see the current rally in stocks as anything sustainable, and cautions that it is built more on positive sentiment than on anything solid. Moreover, he holds a pessimistic outlook regarding the S&P 500‘s ability to not only reach but also surpass its peak level of 4,800 achieved back  ( 35 min )
    Housing is so unattractive that investor purchases have plummeted 45%
    The decline in the second quarter was the biggest since 2008, except for the first quarter, which saw a 48% drop, Redfin said.  ( 31 min )
    Trump overstated net worth by up to $2.2 billion, New York AG says
    New York Attorney General Letitia James raised the allegation in a lawsuit seeking $250 million and sanctions that would halt the Trump Organization's operations in New York.  ( 31 min )
    VinFast’s Wild Trading Offers 5 Lessons About the Stock Market
    Moves in the Vietnamese EV start-up's shares serve up lessons it can take seasoned traders years to learn.  ( 27 min )
    Nvidia Partner Expects AI Server Sales to Double in 2024
    (Bloomberg) -- Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024 and demand to persist over the longer term as businesses weave AI into their operations and services.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Corrective Actions by Regio  ( 32 min )
    Berkshire Bet on Mild Florida Hurricanes This Year. It Might Be Paying Off.
    Hurricane Idalia today did much less damage than Hurricane Ian did last year.  ( 27 min )
    Top CDs Today: Leading Rate Rises to 6.00%
    Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.  ( 20 min )
    The S&P 500 is about to take off in a month-long rally that will retest its 2023 high, Fundstrat says
    No content preview
    CrowdStrike Earnings Top Views; Outlook Mixed As Okta Jumps On Solid Beat
    No content preview
    Salesforce stock rips higher after AI-fueled earnings beat
    Salesforce stock jumped after the software giant reported second quarter results that beat Wall Street expectations across the board.  ( 33 min )
    Salesforce earnings: Company beats on revenue and outlook, stock pops as AI remains central
    Salesforce stock jumped after the software giant reported second quarter results that beat Wall Street expectations across the board.  ( 32 min )
    Which Mutual Funds Pay the Highest Dividends?
    Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 18 min )
    Your TD Ameritrade Account Faces Huge Changes This Weekend
    No content preview
    Mortgage lenders are bleeding money. Here’s why
    Lenders reported a net loss of $534 per mortgage origination in the second quarter of 2023, according to the Mortgage Bankers Association.  ( 32 min )
    Nvidia just hit record highs, but stock may still be 'cheap,' says analyst
    'Dare we say Nvidia is now cheap?' Melius Research analysts Ben Reitzes and Nick Monroe wrote in a note to investors.  ( 32 min )
    VinFast: The Vietnamese EV maker with a sky-high valuation and volatile trading
    Chances are most Americans have never heard of EV-maker VinFast (VFS). But that hasn’t kept the company out of the limelight, due to its sky-high valuation and violent swings in stock price.  ( 35 min )
    Grayscale CEO predicts a crypto environment 'we haven’t seen before' after legal win
    Michael Sonnenshein called his firm's courtroom win over the SEC "overwhelming" in an interview with Yahoo Finance.  ( 34 min )
    Tesla, Nvidia, Other 'Magnificent 7' Stocks See Big Mutual Fund Purchases
    No content preview
    4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value
    Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.  ( 32 min )
    Biden blocks sale of Nvidia AI chips to Middle East over China fears
    The Biden administration has blocked sales of some of Nvidia’s most-prized microchips to the Middle East amid rising concerns about China’s access to the critical artificial intelligence resources.  ( 32 min )
    Rivian CEO Gets a Raise. How It Compares With Tesla’s Elon Musk Makes.
    CEO R.J. Scaringe's base salary is now $1 million a year, up from $650,000.  ( 26 min )
    Stock Market Holds On To Gains; Auto Retailer Stock Adds To 900% Rally
    No content preview
    'Magnificent Seven' investing playbook: How high can Nvidia stock go?
    How much juice does Nvidia stock have after a historic year?  ( 33 min )
    Plug Power will pay $1.25 million penalty in SEC settlement over accounting errors
    The settlement was announced Wednesday without Plug Power admitting or denying any wrongdoing.  ( 18 min )
    93-year-old Warren Buffett, the most famous investor alive, has a remarkably healthy work-life balance
    "I have no desire to get to work at four in the morning."  ( 32 min )
    Analyst Report: Monster Beverage Corp.
    No content preview
    From ‘swimming naked’ to the ‘manic-depressive’ market to the billionaires whose inner jerk came out, here are Warren Buffett’s best quotes from the last 93 years
    “It takes 20 years to build a reputation and five minutes to ruin it," the Sage of Omaha said. "If you think about that, you'll do things differently.”  ( 32 min )
    Market Update: MNST, LH, M, SPLK
    No content preview
    This Growth Stock Forms Bullish Pattern After Turning $10,000 To $21,419 In Eight Months
    No content preview
    This Growth Stock Forms Bullish Pattern After Turning $10,000 To $110,000 In Eight Months
    No content preview
    Vanguard Answers: What's the Ideal Tipping Point For My Roth Conversion?
    No content preview
    Baby Boomers, Brace Yourselves: You Need This Much Money to Retire Comfortably
    No content preview
    The Argus High-Yield Model Portfolio
    No content preview
    AmerisourceBergen's name change becomes official
    The company also announced a $5 million donation that its independent foundation will use to launch a grant program to support people and organizations on the front lines of health care in underserved populations who are driving innovation in global health.  ( 20 min )
    Palantir Technologies Stock Receives Composite Rating Upgrade
    No content preview
    Heard on the Street: U.S. Offshore Wind Is Still All Promise, No Profit
    The Biden Administration has a punchy target to install 30 gigawatts of offshore wind by the end of the decade. That won’t happen until the numbers stack up for struggling wind farm players. Shares in Ørsted, the world’s top developer of offshore wind projects, fell 24% Wednesday after the Danish c  ( 22 min )
    Biden admin. plan to guarantee overtime pay for 3.6 mln workers
    The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was struck down in court. The U.S. Department of Labor released a proposed rule that would require employers to pay overtime premiums to workers who earn a salary of less than $1,059 per week, or about $55,000 per year. The current salary threshold of about $35,500 per year was set by the Trump administration in a 2020 rule that worker advocates and many Democrats have said did not go far enough.  ( 30 min )
    Why Verizon, AT&T and T-Mobile Want to Access Your Bank Account
    Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes.  ( 26 min )
    2 ‘Strong Buy’ Stocks Under $10 That Oppenheimer Sees Surging Over 200% — Here’s Why They Could Jump
    The oldest advice in the financial markets is to buy low and sell high. The trick to winning, however, is to find the right stocks to buy, and to remember that ‘buy low’ doesn’t always mean these stocks can’t go lower. Sometimes the best bargains really do come in at the lowest prices. There are plenty of stocks under $10 that won’t break your bank and still offer substantial upside potential. How substantial? Well, the analysts at investment banking giant Oppenheimer have pinpointed two winners  ( 34 min )
    Warren Buffett Turns 93: His Top Investment Advice and Succession Plan
    No content preview
    Warren Buffett once said ‘a house can be a nightmare if the buyer’s eyes are bigger than his wallet’ but thinks his $31,500 investment is one of his best
    He considers his two wedding rings to be his top investments, though.  ( 32 min )
    Rivian and 7 More Clean Energy Stocks Citi Says Could Drop Even More
    To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.  ( 27 min )
    HP Inc. Earnings Disappoint. The Stock Drops.
    Fundamentals are improving more slowly than the company had hoped, prompting management to lower its outlook for the October 2023 fiscal year.  ( 26 min )
    TV anchor had a secret phone for conversations with Under Armour founder Kevin Plank
    Stephanie Ruhle confirmed that she had three phones: a work phone, a personal phone and a “Kevin Plank phone”.  ( 33 min )
    Dow Jones Futures Rise After Weak Jobs, GDP Data; Chip Stock Ambarella Crashes On Earnings
    No content preview
    US economic growth for last quarter is revised down to a 2.1% annual rate
    The Commerce Department’s second estimate of growth last quarter marked a slight acceleration from a 2% annual growth rate from January through March. The American economy — the world’s largest — has proved surprisingly durable in the midst of the Fed’s aggressive campaign to stamp out a resurgence of inflation, which last year hit a four-decade high. Since March of last year, the Fed has raised its benchmark rate 11 times, making borrowing for everything from cars to homes to business expansions much more expensive and prompting widespread predictions of a coming recession.  ( 31 min )
    Short-seller Jim Chanos called Vietnamese carmaker VinFast a $200 billion ‘meme stock’—the price collapsed hours later
    The Wall Street speculator that famously bet against Enron this time took aim at the inflated value of VinFast, the world's third largest carmaker by market cap.  ( 32 min )
    How To Score An 11% Yield For Doing Absolutely Nothing
    No content preview
    Johnson & Johnson Lowers Guidance After Kenvue Spinout. But There’s Good News on the Dividend.
    Johnson & Johnson maintains its quarterly dividend of $1.19 a share after spinning out consumer-health company Kenvue, although it lowers its earnings and sales projections.  ( 27 min )
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Analyst Report: Enovis Corp
    No content preview
    Analyst Report: Arthur J. Gallagher & Co.
    No content preview
    Market Digest: AJG, WTRG, ENOV
    No content preview
    Nvidia Stock Pauses After Hitting Record High. Why This Analyst Thinks It’s a Bargain.
    Nvidia is cheaper than Alphabet, Microsoft and Apple on a growth-adjusted basis according to Melius Research.  ( 27 min )
    ChatGPT creator OpenAI is reportedly earning $80 million a month—and its sales could be edging high enough to plug its $540 million loss from last year
    The company started charging some users for ChatGPT earlier this year.  ( 31 min )
    J&J forecasts 12.5% growth in 2023 profit after Kenvue spinoff
    Johnson & Johnson on Wednesday forecast 12.5% growth in its annual adjusted profit after completing the separation of consumer health company Kenvue. The company expects 2023 adjusted reported earnings per share of $10.00 - $10.10 in 2023, reflecting increased growth of 12.5% at the mid-point.  ( 29 min )
    Daily – Vickers Top Insider Picks for 08/30/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/30/2023
    No content preview
    Orsted Shares Plunge as Company Warns of $2.3 Billion US Hit
    (Bloomberg) -- Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio because of supply chain issues and soaring interest rates. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsSingapore Money Laundering Case Embroils City’s  ( 32 min )
    Stocks to Watch Wednesday: HP, Salesforce, Victoria's Secret
    ↘️ HP (HPQ): The maker of computers and printers trimmed its outlook for the current fiscal year and said it expects pricing pressures to continue. Shares fell nearly 9% premarket. ↘️ [Hewlett Packard Enterprise (HPE)](https://www.wsj.com/market  ( 22 min )
    U.S. Stock Futures Slip After Rally With More Jobs Data in Focus
    U.S. stock futures edged lower after markets rallied in the previous session, with labor data spurring optimism that the Federal Reserve is finished raising interest rates. Another employment indicator—ahead of Friday’s key jobs report—is due Wednesday. Futures for the Dow Jones Industrial Average  ( 14 min )
    These Stocks Are Moving the Most Today: Tesla, VinFast, HP Inc., Nvidia, Ambarella, Box, and More
    Tesla shares fall after the stock saw its largest one-day percentage increase since March, VinFast trades higher following a slump of 44% in the previous session, HP Inc. trims its outlook for fiscal 2023, and Nvidia dips after setting a record closing high.  ( 26 min )
    European bonds fall after German inflation data: Markets Wrap
    (Bloomberg) -- Equity futures edged higher on speculations the Federal Reserve is nearing the end of its tightening campaign, while persisting concerns over China’s economic recovery weighed on its equities.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantCrypto Scores Landmark US Legal Win With Grayscale ETF RulingWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up Most Since June as F  ( 33 min )
    Burger King sued over size of its Whopper
    Burger King is being sued by unhappy customers who claim its flagship Whopper burger is too small.  ( 30 min )
    A Bitcoin ETF Is Closer Than Ever. What It Means for Crypto and Coinbase
    A federal court on Tuesday swatted down the SEC's reasoning for denying one such products. It was one of the most widely anticipated rulings this year.  ( 39 min )
    Kenvue Fits Right In With Other Dividend Aristocrats
    The company is a spinout from J&J. For income seekers, that link remains vital.  ( 39 min )
    It’s Time to Hedge. This Bet Wins Whether Stocks Rise or Fall.
    Powell is right: Risk management pays. This options strategy works if stocks rise—and also if they fall.  ( 26 min )
    Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally
    Nvidia Corp’s soaring rally has thrilled investors this year - except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings. Among those funds that held a below-average weight in Nvidia, 85% underperformed the index so far this year, Morningstar's data showed.  ( 33 min )
    A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares - and ended up making $7,000 for his broker, SEC says
    No content preview
    Oil prices rise on large US stockpile draw, hurricane jitters
    Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge. Brent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. U.S. crude stocks declined by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.  ( 31 min )
    China says easing market access in response to 'uninvestible' comment from US
    China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had become "uninvestible." Asked to respond to the comments Raimondo made in China, embassy spokesperson Liu Pengyu said that most of the 70,000 U.S. firms doing business in China wanted to stay, that nearly 90% were profitable, and that Beijing was working to further ease market access for foreign companies. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said.  ( 30 min )
    Dow Jones Futures: Market Rally Makes Bullish Move; Tesla Leads 9 Stocks In Buy Areas
    No content preview
    Market Rally Makes Bullish Move On Jobs Data; Tesla Leads 9 Stocks Flashing Buy Signals
    No content preview
    ‘Get Ready for the Year-End Rally’: Daniel Ives Says Buy These 2 AI-Driven Tech Stocks for a Bullish Grand Finale
    Tech stocks were extending their recent recovery on Tuesday, with the tech-heavy NASDAQ surging 1.74%. The good news, according to Wedbush’s Daniel Ives – a 5-star analyst rated in the top 2% of the Street’s stock pros – is the development of a tech rally that is anticipated to conclude the year on a bullish note. Ives doesn’t hesitate to explain his stance, writing in a recent note on the situation and prospects for tech stocks: “We see tech stocks rallying into year-end as the new tech bull ma  ( 34 min )
  • Open

    S&P 500 Gains and Losses Today: Index Rises a 4th-Straight Day After Jobs, GDP Data
    U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.  ( 1 min )
    EV Sales in Europe Surged More Than 50% in July From a Year Earlier
    Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.  ( 1 min )
    Markets Extend Rally at Midday Following Jobs and GDP Reports
    U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.  ( 1 min )
    5 Things to Know Before Markets Open
    Private sector job growth is expected to slow and HP shares tumbled as weak PC prices resulted in mixed results from the computer maker. Here’s what investors need to know today.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Gains as Jobs Data Boosts Hope of Rate Hike Pause
    U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.  ( 1 min )
  • Open

    Mortgage Rates Drop to Two-Week Low
    Rates on 30-year mortgages dropped for a second day, sinking to their lowest average in more than two weeks and well below the 22-year peak they registered last week.  ( 20 min )
    Yearly Renewable Term (YRT): What it is, How it Works
    A yearly renewable term is a one-year term life insurance policy that can be continued year after year for a more expensive premium. Here's how these policies work.  ( 21 min )
    FEMA Has $3.4 Billion To Respond To Disasters. Will It Be Enough?
    The Federal Emergency Management Agency has just $3.4 billion in the fund it uses to respond to disasters and help victims—an amount that can quickly be depleted by hurricanes and other catastrophes.  ( 20 min )
    Investor Homebuying Has Dropped 45% In Deadlocked Housing Market
    Investors bought 50,000 homes in the second quarter, the lowest for any second quarter in seven years, and down by nearly half from the second quarter of 2022, according to Redfin.  ( 17 min )
    What Is a McMansion? Definition, Meaning, and Examples of Size
    McMansion is a negative term that refers to a large, often-ostentatious suburban home that lacks style or uniqueness.  ( 22 min )
    Are Personal Loans Considered Income?
    Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 24 min )
    Top CDs Today: Leading Rate Rises to 6.00%
    Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.  ( 19 min )
    What Are the Usual Profit Margins for Companies in the Insurance Sector?
    Learn the factors that affect the profitability of companies in the insurance sector.  ( 21 min )
    Dozens of Tech Firms Apply for Financial Incentives to Make Products in India
    India is offering $2.1 billion in incentives to tech firms that manufacture PCs, laptops, and other electronic devices in the country, and received 32 bids so far.  ( 16 min )
    Limited Convertibility Definition
    A currency has limited convertibility if the government that issues it regulates its exchange with any other nation's currency.  ( 20 min )
    S&P 500 Gains and Losses Today: Index Rises a 4th-Straight Day After Jobs, GDP Data
    U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.  ( 16 min )
    Life Insurance for a Newborn Baby
    While life insurance is not essential for a baby, here are the benefits of getting a small policy.  ( 24 min )
    The NYSE and Nasdaq: How They Work
    Learn some of the important differences in how the NYSE and Nasdaq operate and the securities that trade on each exchange.  ( 26 min )
    Which Mutual Funds Pay the Highest Dividends?
    Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 18 min )
    Which Country Is the Largest Exporter of Goods in the World?
    China has been the largest exporter of goods in the world since 2009. Official estimates suggest the total value of its exports was $3.71 trillion in 2022.  ( 22 min )
    Personal Income Definition & Difference From Disposable Income
    Personal income is the total compensation from several sources collectively received by all individuals or households in a country.  ( 21 min )
    Certified Senior Consultant (CSC) Definition
    A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )
    Google Expected to Unveil New Phones at October 4 Event
    Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.  ( 17 min )
    What Would Happen If the Fed Incurred Losses?
    After more than a decade of quantitative easing (QE) in the aftermath of the 2008 financial crisis, central banks around the world are taking a hit on their profitability as they unwind their balance sheets and raise interest rates.  ( 19 min )
    COBRA Health Insurance: Features and Coverage
    The COBRA health insurance program allows an individual to retain the coverage of employer-offered insurance in the event of job loss.  ( 30 min )
    Poverty Trap: Definition, Causes, and Proposed Solutions
    A poverty trap is a mechanism that makes it very difficult for people to escape poverty.  ( 24 min )
    How Interest Rates Affect Private Equity
    With an impending increase in US interest rates and lower, even negative rates, elsewhere in Europe and Japan, we assess the impact on private equity.  ( 20 min )
    Nominal: What It Means in Finance and Economics
    Nominal is a common financial term with several different contexts, referring to something small, an unadjusted rate, or the face value of an asset.  ( 22 min )
    Hardship Default Definition
    A hardship default is a failure to make a scheduled payment on a debt due to a financial setback. Learn what a hardship default is, how it works, and how to avoid it.  ( 24 min )
    Robo-Advisor vs Self-Directed: What's the Difference?
    Self-directed investing provides more control over your investments, but robo-advisors do the hard work for you  ( 24 min )
    4 Things Landlords Are Not Allowed to Do
    Landlords own the property, but tenants have unique protections from discrimination, harassment, rent increases, and wrongful eviction.  ( 27 min )
    Dow Divisor: What It Is, How It Works, Example
    The Dow divisor is a numerical value that is used to calculate the level of the Dow Jones Industrial Average (DJIA).  ( 22 min )
    Robo-Advisor vs. Brokerage Account: What's the Difference?
    Robo-advisors provide customized advice perfect for beginners and hands-off investors, while self-directed brokerage accounts give you flexibility to control your portfolio.  ( 24 min )
    EV Sales in Europe Surged More Than 50% in July From a Year Earlier
    Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.  ( 18 min )
    Do You Still Have Leverage in the Job Market? Depends on Your Industry.
    The labor market has gotten worse for workers in recent months, but depending on the industry you work in, you still might have a lot of job options—and leverage  ( 17 min )
    Disguised Unemployment: Definition and Different Types
    Disguised unemployment is unemployment with low productivity that does not affect aggregate output.  ( 20 min )
    Johnson & Johnson Forecasts Double-Digit Earnings Growth After Kenvue Spin-Off
    Johnson & Johnson on Wednesday released its first earnings forecast as a standalone pharmaceutical and medical devices company, estimating double-digit growth in earnings this year.  ( 17 min )
    HP Shares Tumble After Lowering Guidance on Soft PC and Printer Demand
    HP shares tumbled after warning that the market for PCs and printers remains soft, and it reduced its full-year guidance.  ( 16 min )
    Markets Extend Rally at Midday Following Jobs and GDP Reports
    U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.  ( 16 min )
    Online Broker vs. Robo-Advisor: Which Is Right for You?
    In the digital age, investors can choose between human-powered online brokers and AI-driven robo-advisors. Both offer benefits for investing in the stock market, but which is better for you?  ( 25 min )
    Shares of Jack Daniel's Whiskey Maker Brown-Forman Fall as Costs Climb
    Brown-Forman shares dropped after the maker of Jack Daniel’s and other alcoholic drinks missed profit and sales estimates on higher costs and falling demand for its premium products.  ( 17 min )
    ETFs vs. Robo-Advisors: What's the Difference?
    Exchange traded funds (ETFs) provide diversified access to different areas of the market, while robo-advisors can help you build a personalized portfolio.  ( 24 min )
    How to Pay Your Bills When You Lose Your Job
    How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.  ( 27 min )
    Why Do Investors Use the S&P 500 as a Benchmark?
    Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance.  ( 21 min )
    Wegovy Maker Novo Nordisk Buys Embark Biotech to Boost Edge in Weight Loss Treatments
    Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.  ( 17 min )
    Does High GDP Mean Economic Prosperity?
    GDP is the primary indicator used to measure a country's economic health but a more accurate picture of well-being may be formed when GDP is combined with GPI.  ( 27 min )
    A History of the S&P 500 Dividend Yield
    Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.  ( 23 min )
    Student Loan Asset-Backed Securities: Safe or Subprime?
    Similar to the mortgage-backed securities that led to the 2008 recession, student loan asset-backed securities might cause the next financial crisis.  ( 26 min )
    What Does Negative Shareholders' Equity Mean?
    A negative balance in shareholders' equity (also called stockholders' equity) means that liabilities exceed assets and can be caused by a few reasons.  ( 22 min )
    US Regulators Unveil New Rules Targeting Regional Banks
    U.S. financial regulators unveiled a new set of rules designed to prevent more bank failures, dealing another blow to regional banks that could be burdened with more requirements.  ( 20 min )
    S&P 500 Dividend Aristocrat Index Defined, List of Top Companies
    The S&P 500 Dividend Aristocrats index tracks the performance of blue-chip companies. A dividend aristocrat tends to be a large blue-chip company.  ( 23 min )
    Rising Wedge Pattern: Technical Analysis of Stock Charts
    A rising wedge is a bearish stock pattern formed by converging trend lines. Use technical analysis indicators to spot and interpret rising wedge patterns.  ( 21 min )
    5 Things to Know Before Markets Open
    Private sector job growth is expected to slow and HP shares tumbled as weak PC prices resulted in mixed results from the computer maker. Here’s what investors need to know today.  ( 18 min )
    How to Get a Business Loan August 2023
    Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 22 min )
    Dow Jones Global Titans 50 Index Definition
    The Dow Jones Global Titans 50 Index launched in 1999, consisting of 50 of the largest multinational corporations in the world.  ( 19 min )
    FAKO Score Definition
    "FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )
  • Open

    CBS: Nederlandse aardgasreserves over minder dan 9 jaar uitgeput
    De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij het Centraal Bureau voor de Statistiek (CBS).  ( 4 min )
    Aantal mensen in de bijstand nog verder gedaald
    Al meer dan twee jaar daalt het aantal Nederlanders dat een bijstandsuitkering ontvangt. Jongeren vormen hierop een uitzondering: onder hen stijgt het aantal ontvangers juist.  ( 3 min )
    Europa koopt meer vloeibaar gas van Rusland in dan voor Oekraïense invasie
    Europese landen hebben in de eerste zeven maanden van dit jaar 40 procent meer vloeibaar gas van Rusland ingekocht dan in dezelfde periode in 2021, voor de Russische invasie van Oekraïne. Dat schrijft de Financial Times op basis van een rapport van ngo Global Witness.  ( 4 min )
    Burger King moet voor de rechter verschijnen vanwege omvang van de Whopper
    Burger King moet zich voor de rechter verantwoorden voor zijn plaatjes van de Whopper. De rundvleesburger ziet er in advertenties rijkgevulder uit dan hij in werkelijkheid is, zeggen verontwaardigde klanten van de fastfoodketen.  ( 3 min )
    Inflatie loopt weer op in Spanje en daalt amper in België en Duitsland
    Nieuwe inflatiecijfers laten zien dat het niet makkelijk is om de prijsstijgingen te beteugelen. Ondanks maatregelen van de ECB en overheden stijgt de inflatie in Spanje al twee maanden op rij. Ook in België en Duitsland blijft het gewenste effect uit.  ( 5 min )
    Veerdienst Holland Norway Lines legt schip stil wegens financiële problemen
    Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, heeft uitstel van betaling aangevraagd. Het schip vaart voorlopig niet en ook de kaartverkoop ligt stil.  ( 3 min )
    Biomassacentrale in Diemen komt er voorlopig niet: vergunning ingetrokken
    De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.  ( 4 min )
    NU+ | Nederlands Fairphone presenteert mobieltje dat acht jaar mee moet gaan
    De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.  ( 5 min )
    Provincie Noord-Holland teruggefloten in zaak over Diemense biomassacentrale
    De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.  ( 3 min )
    Mobieltjesmaker Fairphone wil dat je langer met je smartphone doet
    De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.  ( 5 min )
    Winst Gazprom daalt nu Europa bijna geen Russisch gas meer afneemt
    De winst van het Russische gasbedrijf Gazprom is in de eerste helft van dit jaar fors gedaald. Dat komt voornamelijk door de sterk afgenomen gasleveringen aan Europa.  ( 3 min )
    Moederbedrijf ChatGPT nadert jaaromzet van 1 miljard dollar
    Nu chatbot ChatGPT steeds populairder wordt, ligt moederbedrijf OpenAI op koers om een jaaromzet van 1 miljard dollar (0,9 miljard euro) te draaien.  ( 3 min )
    De Volksbank schatte risico's niet goed in en krijgt 4,5 miljoen euro boete
    De Volksbank moet een boete van 4,5 miljoen euro betalen omdat ze de risico's rond bepaalde leningen jarenlang te laag heeft ingeschat. Dat heeft de Europese Centrale Bank besloten.  ( 3 min )
    Verkoopprijzen in de industrie zakken voor vierde maand op rij
    De prijzen die Nederlandse industriebedrijven vragen voor hun goederen waren in juli lager dan een jaar eerder. Het is de vierde maand op rij dat de prijzen zijn gedaald.  ( 4 min )
    Nederlander zoekt op vakantie steeds vaker verkoeling in Scandinavië
    We brengen vanwege klimaatverandering steeds vaker de vakantie door in Noorwegen en Zweden. Dat zegt reiskoepel ANVR, die het aantal Nederlanders dat naar Scandinavië gaat met tientallen procenten ziet stijgen in vergelijking met 2019, het laatste jaar voor corona.  ( 4 min )
  • Open

    Google Expected to Unveil New Phones at October 4 Event
    Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.  ( 1 min )
    Wegovy Maker Novo Nordisk Buys Embark Biotech to Boost Edge in Weight Loss Treatments
    Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.  ( 1 min )
    Big Lots Shares Soar After Reporting Smaller-Than-Expected Loss as Demand Improves
    Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.  ( 1 min )

  • Open

    Five S&P 500 Stocks To Buy And Watch In Today's Market
    No content preview
    Stocks are poised to tumble - and many Americans are 'prisoners in their own homes' after mortgage rates soared, top economist David Rosenberg says
    No content preview
    Apple Stock Pops On Same Day It Earns A Rating Upgrade
    No content preview
    VinFast Stock Plunges, Wiping Out $90 Billion in Market Value
    VinFast stock snapped a six-day winning streak, hard. Shares fell 43.8% Tuesday, wiping out about $90 billion in market value.  ( 26 min )
    IRS Pushes Back New Roth 401(k) Catch-Up Rules. What to Know.
    Starting in 2026, people over 50 will have to make catch-up contributions to Roth 401(k)s. The was previously slated to change in 2024.  ( 26 min )
    HP Drops on Reduced Profit, Cash Outlook as PC Woes Continue
    (Bloomberg) -- HP Inc. reduced its full-year cash flow and profit outlook, saying a rebound in the market for personal computers will take longer than expected. The shares declined about 5.5% in extended trading.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June  ( 32 min )
    8 Clean Energy Stocks Citi Says Could Drop Even More
    To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.  ( 27 min )
    'Ouch. You've screwed yourself. You've Really Made Yourself A Mess' – Dave Ramsey Criticizes Caller For This Common Homebuying Mistake
    In a recent episode of "The Ramsey Show," renowned radio host and personal finance expert Dave Ramsey delivered a straightforward message to a young woman from Orlando, Florida. Ramsey bluntly stated, "Ouch. You've screwed yourself. You've really made yourself a mess." This response came after the woman, identified as 28-year-old Selena, shared her recent financial decision to withdraw $26,000 from her 403(b) retirement account to fund a down payment for home construction, with the intention of  ( 32 min )
    Dallas-Area Hospital Files Bankruptcy Two Years After Opening
    (Bloomberg) -- Trinity Regional Hospital Sachse, a full-service hospital and emergency room near Dallas, filed for bankruptcy with plans to sell itself just two years after opening.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June as Fed Bets Sink Yields: Marke  ( 30 min )
    Hewlett-Packard Enterprise Shares Take A Fall On A Mixed Outlook
    No content preview
    Searching For Top AI Stocks? Look Beyond Nvidia And Google
    No content preview
    EV Firm Mullen Sues Schwab, TD Ameritrade for Inflating Number of Shares
    (Bloomberg) -- Mullen Automotive Inc. has accused brokerages TD Ameritrade and Charles Schwab of facilitating naked short selling and damaging the electric-vehicle company’s stock price. Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: M  ( 32 min )
    This Is The Ultimate Warren Buffett Stock, But Should You Buy As He Places These Bets?
    No content preview
    Disney Struggles As Stock Falls To 9-Year-Low And Park Attendance Slows — Wall Street Asks, 'Why Not Make A Clean Break?'
    In 2019, The Walt Disney Co. celebrated several major successes, including the launch of Disney+ with 10 million subscribers on Day 1, a massive $71 billion acquisition of Fox's entertainment assets and the release of "Avengers: Endgame," the second-highest-grossing movie ever. These achievements showcased Disney's ability to leverage its intellectual property (IP) across various platforms, from theaters to theme parks and streaming. Fast forward almost four years, and doubts have emerged about  ( 33 min )
    Exclusive-Walmart cuts pharmacist pay, hours while workload piles up
    Walmart is asking some of its 16,000 pharmacists across the U.S. to voluntarily take pay cuts and reduce their working hours in a bid to reduce costs, a person familiar with the matter told Reuters. The cuts, which haven't been previously reported and are aimed at pharmacists in higher wage brackets, highlight the new pressures at Walmart pharmacies, where shoppers are lining up to buy top-selling weight-loss drugs that are high priced but a drag on profits. Walmart also agreed in late 2022 to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year.  ( 32 min )
    Stocks to Watch Tuesday: Hawaiian Electric, Best Buy, NIO, Alphabet
    ↘️ Hawaiian Electric Industries (HE): The utility company’s stock was down more than 3% in afternoon trading following a big jump Monday. A unit of Hawaiian Electric [denied Monday](https://www.wsj.com/us-news/climate-environment/hawaiian-electric-den  ( 24 min )
    Market Update: DKS, INCY
    No content preview
    Former Qualcomm CEO to Lead Company Powering Apple’s Satellite-Text Service
    Globalstar also hires other executives from startup founded by Paul Jacobs.  ( 25 min )
    Cryptocurrencies surge after big Grayscale legal win over SEC
    A federal appeals court sided with an asset manager that hopes to launch the first bitcoin exchange-traded fund, a major victory for the cryptocurrency industry.  ( 33 min )
    Semiconductor Stocks Are Surging. Why They Might Just Be Getting Started.
    Shares of Broadcom, Nvidia, and AMD are rising Tuesday as the sector looks to regain favor with investors.  ( 26 min )
    The 122-year-old US Steel is reviewing "numerous" buyout offers
    After receiving two buyout offers in the past month, U.S. Steel Tuesday that it is in the process of reviewing multiple offers for the storied company and symbol of American industrialization. U.S. Steel rejected a $7.3 billion buyout proposal from rival Cleveland-Cliffs two weeks ago, and that offer was followed by $7.8 billion bid from the industrial conglomerate Esmark. In a letter to shareholders Tuesday, U.S. Steel said it had entered into confidentiality agreements with “numerous” third parties and was beginning to share due diligence information with potential buyers.  ( 32 min )
    Grayscale Wins Case Against SEC. It’s a Huge Victory for Bitcoin and Coinbase.
    A spot-based Bitcoin ETF is now likely coming. Coinbase and other Bitcoin-related stocks are surging.  ( 27 min )
    Bitcoin Rallies, Crypto Assets Surge After Grayscale Wins Suit Over ETF Application
    Bitcoin rose Tuesday, extending gains after a court ruled that the Securities and Exchange Commission should not have rejected asset manager Grayscale's spot bitcoin exchange-traded fund applicatio  ( 22 min )
    Employers have had enough and are starting to cut salary offers by as much as 47%, according to analysis of 20,000 job postings
    The golden age of wage growth may be over, according to a new ZipRecruiter survey.  ( 32 min )
    Bitcoin Soars After Grayscale Wins Appeal Likely Clinching First Spot Crypto ETF
    An appeals court rules the SEC acted arbitrarily when it denied Grayscale's attempt to convert its Bitcoin trust into an ETF.  ( 26 min )
    U.S. Steel Updates Sale Process. Who Is Bidding Isn’t Clear.
    Investors don't know the fate of the famous American manufacturer. Something big is likely to happen though.  ( 26 min )
    I Maxed Out My 401(k)! What Plans Are Available to Me Now?
    Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 33 min )
    Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’
    Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.  ( 32 min )
    Burger King must face lawsuit claiming its Whoppers are too small
    A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it cheated hungry customers by making its Whopper sandwich appear larger than it actually is. U.S. District Judge Roy Altman in Miami said Burger King must defend against a claim that its depiction of Whoppers on in-store menu boards mislead reasonable customers, amounting to a breach of contract. Customers in the proposed class action accused Burger King of portraying burgers with ingredients that "overflow over the bun," making it appear that the burgers are 35% larger and contain more than double the meat as the chain serves.  ( 30 min )
    Ishbia Pledged UWM Shares Worth $4.6 Billion Ahead of NBA Deal
    (Bloomberg) -- Mat Ishbia, the new owner of the Phoenix Suns, pledged more than half of mortgage giant UWM Holdings Corp.’s outstanding shares to secure loans before buying the NBA team for a record $4 billion.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets WrapAuto Union Boss Wants 46%  ( 32 min )
    Selling Your House Now Will Likely Double Your Mortgage Interest Rate
    With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.  ( 18 min )
    ‘Load Up,’ Says Goldman Sachs About These 2 ‘Strong Buy’ Stocks
    The markets have experienced a period of volatility over the past month, raising questions about where they might be heading next. Has the year’s strong rally hit a brick wall, or is it just a pause before the next leg up? It’s a question that has been fielded to Goldman Sachs’ chief U.S. equity strategist David Kostin. The good news for investors is that going by the direction the wider economy is taking, Kostin makes some reassuring noises on the matter. Decelerating inflation data offers conf  ( 34 min )
    Is It Smart to Invest in CDs Right Now?
    No content preview
    Excited About That Cash Windfall? We Have Potential Bad News For Your Retirement ...
    No content preview
    A $500K Annuity Will Pay You This Much Monthly
    No content preview
    AT&T and Verizon Dividends Have Raised Concern. Why Citi Thinks They’re Safe.
    Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.  ( 27 min )
    Rich People Do These 4 Things to Stay Wealthy (& So Can You)
    No content preview
    U.S. Steel Entering Confidential Pacts as It Reviews Bids
    Steelmaker says it has “multiple unsolicited proposals” that include buyouts.  ( 25 min )
    U.S. Steel Entering Confidential Pacts as It Reviews Bids
    Steelmaker says it has “multiple unsolicited proposals” that include buyouts.  ( 25 min )
    Oracle upgraded, Farfetch downgraded: Wall Street's top analyst calls
    Oracle upgraded, Farfetch downgraded: Wall Street's top analyst calls  ( 33 min )
    How to Turn a $200,000 Investment Into $1 Million
    No content preview
    Nvidia Stock Is Near a Record High. Watch These 3 Things.
    Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.  ( 27 min )
    Energy Transfer Stock Shows Rising Relative Strength With Upgraded RS
    No content preview
    Nvidia Stock Is Still Near a Record High. 3 Reasons It’s Ready to Drop.
    Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.  ( 27 min )
    AT&T and Verizon Stocks Are Out of Favor. That’s a Buying Opportunity, Citi Says.
    Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.  ( 27 min )
    Bank of Montreal Takes Hit on Credit Losses, Tighter Margins
    (Bloomberg) -- Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for US regional lenders. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees  ( 32 min )
    Michael Bloomberg made a radical decision to ax his entire board of directors. Was that a good idea?
    Experts explain that the risky move—which many tie to plans for the founder to step down—could allow the company to catch up with key trends in private board practices that make a board more agile.  ( 32 min )
    Best Buy earnings beat estimates, but it wasn't a great quarter
    Best Buy's quarter had several holes in it that investors should consider before cheering an earnings beat.  ( 33 min )
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Analyst Report: Leidos Holdings Inc
    No content preview
    Analyst Report: LyondellBasell Industries NV
    No content preview
    Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026
    The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.  ( 32 min )
    Temu-Owner PDD Soars 13% After Sales Beat Despite Chinese Gloom
    (Bloomberg) -- PDD Holdings Inc.’s revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to boost growth at home and abroad to counter a bumpy post-pandemic recovery.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling A  ( 33 min )
    U.S. Stock Futures Pause Ahead of JOLTs Data, With Jobs Report in Focus
    U.S. stock futures paused on Tuesday ahead of JOLTs labor market data. They come before the key jobs report due Friday, which is looming large as investors continue to shift their expectations for the outlook for interest rates. Futures for the Dow Jones Industrial Average fell 10 points, or less t  ( 15 min )
    Market Digest: K, LDOS, LYB, FOXA
    No content preview
    Amazon CEO Andy Jassy’s brutal message to remote workers refusing to come back to the office: ‘It’s probably not going to work out for you’
    Jassy reportedly told staff: "It's past the time to disagree and commit."  ( 33 min )
    NIO Earnings Miss Estimates. But There Is Some Good News for Tesla and BYD.
    NIO reports an adjusted second-quarter loss of 45 cents a share from sales of $1.2 billion. Wall Street was looking for a per-share loss of about 33 cents a share on sales of $1.3 billion.  ( 26 min )
    7 High-Dividend Stocks Are More Trouble Than They're Worth
    No content preview
    Stocks rally after job openings fall to lowest since March 2021: Stock market news today
    Stocks rose on Tuesday as hopes of a soft landing intensified with recent jobs data showing labor supply and demand coming closer to balance.  ( 32 min )
    Stocks rise after job openings fall to lowest since March 2021: Stock market news today
    Investors are sifting through fresh economic data as the debate over recession continues  ( 32 min )
    Daily – Vickers Top Insider Picks for 08/29/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/29/2023
    No content preview
    U.S. Steel Can Ride the Coattails of a U.S. Manufacturing Boom
    Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.  ( 28 min )
    More money, jobs and momentum: Plug Power investment in Genesee rises to $676M
    Plug Power has increased its investment, jobs and hydrogen production plans for its Genesee County plant.  ( 9 min )
    These Stocks Are Moving the Most Today: NIO, AT&T, Heico, 3M, Catalent, Best Buy, and More
    NIO and Best Buy are scheduled to post quarterly earnings on Tuesday, AT&T and Verizon stocks are upgraded, Heico falls after its earnings report, and 3M's board has approved a $6 billion earplugs settlement, according to The Wall Street Journal.  ( 27 min )
    World’s Hottest Stock Evokes Memories of a $400 Billion Crash
    (Bloomberg) -- VinFast Auto Ltd. is unprofitable, thinly traded and exciting individual investors as it rises faster than any other large-cap stock worldwide.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Bi  ( 33 min )
    BYD Powers Through China’s Auto Price War to Post Soaring Profit
    (Bloomberg) -- China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing. Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesChina’s Worsening Economic Slowdown Is Rippling  ( 32 min )
    Commerce chief says US firms complain China is 'uninvestible'
    BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become "uninvestable", pointing to fines, raids and other actions against firms that have made it too risky to do business in the world's second largest economy. The comments, made to reporters onboard a train as her delegation of U.S. officials headed from Beijing to Shanghai, provided a bleak picture of the how U.S. firms view China and was the bluntest Raimondo has made on her trip. "Increasingly I hear from American business that China is uninvestable because it's become too risky," she said.  ( 31 min )
    5 Energy Stocks With Juicy Dividends
    The largest dividend-payers in the energy sector of the S&P 1500 include oil and gas producers and pipeline companies.  ( 27 min )
    These financial market signals are telling a different story about China's economy
    No content preview
    'Interest rates are killing our industry': Here's what businesses are saying about the Fed's impact on the economy
    "For the first time in a long time, we are seeing customers reduce or cancel orders due to softening end-use demand," a survey respondent said.  ( 31 min )
    The Fed may have destroyed the housing market by crushing both supply and demand, top economist Mohamed El-Erian says
    "When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.  ( 31 min )
    ‘Higher Interest Rates Could Fuel Market Chaos,’ Warns Kevin O’Leary. Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
    Happy talk from Washington, consistently low unemployment, and a slowing pace of inflation have combined to support a positive market sentiment – but can it last? ‘Shark Tank’ star Kevin O’Leary believes it won’t, and he does not hesitate to list the headwinds that could bring ‘real chaos’ by the year’s end. The key factor is higher interest rates. The Federal Reserve has already pushed rates up to their highest level in over 20 years, and the repercussions are spreading. O’Leary takes special c  ( 34 min )
  • Open

    Best Robo-Advisors of 2023
    We compared portfolio management, usability, and fees for the best robo-advisors of 2023. Find the best, automated investing portfolio builders for your needs.  ( 40 min )
    Top CDs Today: A New 5.50% Option Plus Top-Rate Mini Jumbos
    Today's best CD rates are 5.85% from One America Bank, 5.80% from Finworth, and 5.75% from Abound Credit Union, MapleMark Bank, or BluPeak Credit Union.  ( 19 min )
    EverBank CD Rates: August 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )
    800-Plus Credit Score: How to Get One—and Make the Most of It
    An 800-plus credit score shows that you're an exceptional borrower. Here's how to get one and how to enjoy all the benefits it entitles you to.  ( 25 min )
    The Side Effects of Bad Credit
    Bad credit can lead to higher interest rates on loans and make it harder to find housing, get the best deals on insurance, and obtain certain jobs. Here's what to do.  ( 26 min )
    Subprime Borrower: Definition, Credit Score Range, and Impact
    A subprime borrower is a person who is considered to be a relatively high credit risk for lenders and who may have a harder time obtaining credit, especially at good interest rates.  ( 24 min )
    Authorized Transaction: How It Works With Credit and Debit Cards
    An authorized transaction is a debit or credit card payment for which the merchant has received approval from the card-issuing bank. In most cases today, the authorization process is electronic and virtually instantaneous.  ( 22 min )
    Minimum Wage by State
    Learn the minimum wage in each state and which are above or below the federal minimum wage.  ( 22 min )
    September Effect: Definition, Stock Market History, Theories
    The September Effect is a calendar anomaly that refers to historically weak stock market returns for the month of September.  ( 22 min )
    S&P 500 Gains and Losses Today: Index Gains as Jobs Data Boosts Hope of Rate Hike Pause
    U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.  ( 16 min )
    How to Choose an S&P 500 ETF
    Before you invest in the SPDR S&P 500 ETF or any other ETF based on the index, here are a few things to consider.  ( 27 min )
    For Businesses, Most of the Pain of Fed’s Rate Hikes Lies Ahead
    A year and a half into the Federal Reserve’s campaign of anti-inflation interest rate hikes meant to slow the economy, companies are only just beginning to feel the impact on their finances.  ( 17 min )
    Smucker Beats Profit Estimates and Lifts Guidance on Higher Prices, Lower Costs
    The maker of peanut butter, jelly, and other food products posted a fiscal 2024 first quarter profit of $2.21 per share, exceeding analysts’ estimates.  ( 17 min )
    Big Lots Shares Soar After Reporting Smaller-Than-Expected Loss as Demand Improves
    Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.  ( 17 min )
    Segregated Witness (SegWit): Definition
    Segregated Witness (SegWit) refers to a soft fork change in the transaction format of Bitcoin.  ( 22 min )
    The Increasing Importance of the Reserve Bank of India
    Leading global GDP growth rates are increasing the attention on the Reserve Bank of India.  ( 24 min )
    Why Is Bitcoin Volatile?
    Learn why Bitcoin's price fluctuates and about the factors that contribute to the wild price swings.  ( 24 min )
    US Home Prices Rose 3% Over the Past Year, FHFA Reports
    Seventy-four of the top 100 metropolitan areas saw house prices rise over the last four quarters.  ( 17 min )
    What Is Automated Investing?
    Automated investing is a technology-driven method of investment management that uses algorithms and mathematical models to invest money on behalf of clients.  ( 23 min )
    The Great Resignation Is Officially Over
    The rate of people quitting their jobs has fallen to pre-pandemic levels, the latest sign that workers are losing the advantage they’ve held in the labor market for the last two years.  ( 18 min )
    Apple Announces September Event, with iPhone 15 Release Expected
    Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.  ( 17 min )
    The History of Labor Day
    When the first Labor Day parade was held in 1882 in New York City, workers put in more than 12 hours a day, six days a week. Labor Day became a federal holiday in 1894.  ( 24 min )
    Apple Bank Savings Account Interest Rates: August 2023
    The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )
    What Percentage of the Global Economy Is the Oil and Gas Drilling Sector?
    The oil and gas exploration and production sector currently makes up around 3.8% of the global economy.  ( 23 min )
    Court Rules SEC Needs More Reasoning To Block Grayscale's Bitcoin ETF
    The U.S. Court of Appeals for the D.C. Circuit has ruled the SEC will need to review Grayscale's application for the launch of a spot bitcoin ETF again.  ( 17 min )
    Fiscal Policy: Balancing Between Tax Rates and Public Spending
    Fiscal Policy is the sister strategy to monetary policy, through which a central bank influences a nation's money supply.  ( 26 min )
    What Is The Kyoto Protocol? Definition, History, Timeline, Status
    The Kyoto Protocol is an international agreement adopted in 1997 that aimed to reduce carbon dioxide emissions and the presence of greenhouse gases.  ( 27 min )
    Capital One Savings Account Interest Rates: August 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 21 min )
    Google Announces Premium Duet AI Tools, Launches A3 Supercomputer
    The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.  ( 16 min )
    Best Buy Tops Quarterly Expectations but Lowers Outlook on Falling Sales
    Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.  ( 18 min )
    Markets Gain at Midday as Job Openings Boost Optimism Fed Will Ease Rate Hikes
    U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.  ( 16 min )
    SEC Form 13F: What It Is, Filing Requirements, and Key Issues
    SEC Form 13F is a quarterly report filed by investment managers to the Securities and Exchange Commission that discloses their U.S. equity holdings.  ( 23 min )
    LendingClub Savings Account Interest Rates: August 2023
    Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )
    Understanding the House Price Index (HPI) and How It Is Used
    The house price index (HPI) is a broad measure of the movement of single-family house prices in the United States.  ( 22 min )
    Marcus Savings Account Interest Rates: August 2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )
    PDD ADRs Surge as Online Shoppers Send Sales Soaring at Parent of Pinduoduo and Temu
    ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.  ( 16 min )
    Shares of Wegovy Partner Catalent Jump After Striking Deal With Activist Investor Elliott
    Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.  ( 18 min )
    What Is the Average Personal Loan Amount?
    While personal loan balances will vary among different kinds of borrowers, Americans on average have approximately $11,548 in personal loan debt as of Q2 2023.  ( 22 min )
    State Farm Savings Account Interest Rates: August 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )
    Nio ADRs Slide After Reporting Wider Loss and Lower Revenue on Fewer EV Deliveries
    ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.  ( 17 min )
    TD Bank Savings Account Interest Rates: August 2023
    You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )
    Medicare Negotiations Could Make These 10 Drugs Cheaper By 2026
    By 2026, Medicare recipients could pay lower prices for 10 of the most expensive and widely used prescription drugs.  ( 19 min )
    Wells Fargo Savings Account Interest Rates: August 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )
    Cryptocurrency Wallet: What It Is, How It Works, Types, Security
    A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.  ( 26 min )
    Ally Bank Savings Account Interest Rates: August 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 21 min )
    Current vs. Capital Accounts: What's the Difference?
    Current and capital accounts represent two halves of a nation's balance of payments: net income and net change of assets and liabilities respectively.  ( 22 min )
    Technical Glitch Suspends Toyota's Japan Operations Until Wednesday
    A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.  ( 17 min )
    30-Year Mortgage Rates Dip
    Rates on 30-year mortgages edged lower, moving further below last week's historic peak. Rates on 5/6 ARM loans were also down, while most other averages were roughly flat.  ( 20 min )
    Selling Your House Now Will Likely Double Your Mortgage Interest Rate
    With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.  ( 16 min )
    Record Deliveries Help BYD Boost Profit, Retain Status as China's Best-Selling Auto Brand
    BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.  ( 17 min )
    Warm Card: What It Is, How It Works, Example
    A warm card is a type of bank card that provides restricted access to a business account. Typically, these cards allow deposits but not withdrawals.  ( 21 min )
    Personal Loan Rates & Trends, Week of Aug. 28, 2023: Rates Increase Again
    Personal loan rates moved up again this week, to 21.11%, adding 24 basis points since last week when the average personal loan rate sat at 20.87%.  ( 18 min )
    6 Ways to Write Off Your Car Expenses
    Reduce the cost of owning and maintaining a car with these clever tax tips.  ( 22 min )
    Why Delaware Is Considered a Tax Shelter
    Delaware provides favorable tax shelters, which has led high numbers of companies to incorporate there.  ( 22 min )
    How and Why Companies Become Monopolies
    Monopolies operate without competition, raising prices and lowering quality, and leaving consumers few choices. But monopolies can also benefit consumers.  ( 25 min )
    Dow Jones BRIC 50 Index Definition
    The Dow Jones BRIC 50 Index is a market capitalization-weighted stock index containing 50 of the most liquid and largest companies operating in Brazil, Russia, India, and China (BRIC nations).  ( 21 min )
    5 Things to Know Before Markets Open
    Data due for release is expected to show home prices and job openings declining, and 3M's board approved a $6 billion settlement over allegations of delivering faulty earplugs to the military. Here’s what investors need to know today.  ( 18 min )
    Credit Rating Agency vs. Credit Bureau: What's the Difference?
    Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.  ( 23 min )
    Top 10 S&P 500 Stocks by Index Weight
    These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 25 min )
    Beeronomics: Factors Affecting Your Pint
    Beer is a complex beverage shaped by supply and demand, production and distribution – with regulation thrown in for that extra kick.  ( 24 min )
    What Was the Tulsa Race Massacre?
    From May 31 to June 1 in 1921, the Greenwood District of Tulsa, Okla., “Black Wall Street,” was torched. Thousands were left homeless & some 300 died.  ( 29 min )
    What Does Low Working Capital Say About a Company's Financial Prospects?
    Low working capital can be either a sign of financial trouble or an indication of savvy business management. Learn more about how to judge the difference.  ( 20 min )
    Pay Czar Definition
    Pay Czar was the nickname given to Special Master for Executive Compensation Kenneth Feinberg during the 2008-2009 financial crisis.  ( 20 min )
  • Open

    Apple Announces September Event, with iPhone 15 Release Expected
    Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.  ( 1 min )
    Google Announces Premium Duet AI Tools, Launches A3 Supercomputer
    The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.  ( 1 min )
    Technical Glitch Suspends Toyota's Japan Operations Until Wednesday
    A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.  ( 1 min )
    Record Deliveries Help BYD Boost Profit, Retain Status as China's Best-Selling Auto Brand
    BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.  ( 1 min )
    PDD ADRs Surge as Online Shoppers Send Sales Soaring at Parent of Pinduoduo and Temu
    ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.  ( 1 min )
    Nio ADRs Slide After Reporting Wider Loss and Lower Revenue on Fewer EV Deliveries
    ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.  ( 1 min )
    Shares of Wegovy Partner Catalent Jump After Striking Deal With Activist Investor Elliott
    Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.  ( 1 min )
  • Open

    NU+ | Zo kun je het goedkoopst je auto opladen: 'Gebruik meerdere laadpassen'
    De prijzen voor elektrisch rijden per laadpunt zijn niet altijd even duidelijk voor consumenten, blijkt uit onderzoek van de Consumentenbond. Ook verschillen de laadtarieven soms flink. Experts en NU.nl-lezers geven tips over hoe je je auto toch goedkoop kunt opladen.  ( 4 min )
    Wereldwijd netwerk gehackte computers onschadelijk gemaakt door OM en FBI
    Opsporingsdiensten van zeven landen, waaronder Nederland, hebben vrijdag en zaterdag samen een groot crimineel netwerk van gehackte computers ontmanteld. Met het netwerk van 700.000 gehackte computers konden hackers fraude plegen of bedrijven afpersen.  ( 3 min )
    Frankrijk wil meer lagere prijzen in winkels, Carrefour worstelt met eisen
    De Franse overheid probeert bedrijven nog meer aan te moedigen om de prijzen te verlagen. Ook ligt er een plan om kortingen op verzorgingsproducten te maximeren. Supermarktketen Carrefour merkt dat Fransen de hand op de knip houden en wil uitstel.  ( 4 min )
    Dochterbedrijf FC Barcelona wil naar Nederland verhuizen voor beursgang
    Barça Media, een dochterbedrijf van profvoetbalclub FC Barcelona, verhuist zijn hoofdkantoor naar Nederland. Het hoopt hierdoor beter toegang te krijgen tot Amerikaanse investeerders. Het is het tweede Spaanse bedrijf in korte tijd dat naar ons land komt.  ( 4 min )
    Facebook-moederbedrijf Meta ruimt op: grote Chinese spam-golf gestopt
    China heeft mensen in andere landen geprobeerd te beïnvloeden met ruim 7.700 spam-accounts op Facebook en Instagram. Facebook-moederbedrijf Meta zegt dat het alle accounts heeft verwijderd in wat het bedrijf 'de grootste opruimactie ooit' noemt.  ( 3 min )
    Risico op restschulden bij aflossingsvrije hypotheken wordt kleiner
    Het gevaar van betaalproblemen en restschulden bij aflossingsvrije hypotheken is in de afgelopen drie jaar grotendeels geweken. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek is afgenomen van bijna 600.000 begin 2020 naar ruim 200.000 nu.  ( 4 min )
    Populair vakantieland Frankrijk verdient dit jaar 67 miljard euro aan toerisme
    Frankrijk ziet het zonnig in: het meestbezochte land ter wereld verwacht dit jaar maar liefst 67 miljard euro aan inkomsten uit toerisme. Dat is fors meer dan de 58 miljard euro van vorig jaar.  ( 3 min )
    Medewerkers Volkswagen krijgen hun zin: curryworst na twee jaar terug in kantine
    De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )
    Praat Mee | Elektrische rijders: hoe zorg jij ervoor dat je goedkoop laadt?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. De prijzen voor elektrisch laden kunnen flink verschillen per laadpunt, blijkt uit onderzoeken van de Consumentenbond. Rijd jij in een elektrische auto? Hoe zorg je ervoor dat je goedkoop kunt laden? Deel je tips!  ( 2 min )
    Risico op restschulden bij aflossingsvrije hypotheken slinkt
    Het risico op betaalproblemen en restschulden op aflossingsvrije hypotheken is in de afgelopen drie jaar voor een groot deel verdwenen. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek daalde van bijna 600.000 begin 2020 naar ruim 200.000 nu.  ( 4 min )
    Curryworst maakt comeback in kantine Volkswagen na veganistisch experiment
    De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )
    Storing bij Britse luchtverkeersleiding kan ook vandaag nog voor chaos zorgen
    De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.  ( 3 min )
    Nederlandse handel is minder afhankelijk van Duitsland
    Nederland wordt steeds minder afhankelijk van Duitsland. Dat is een van de redenen dat de Nederlandse economie bovengemiddeld snel hersteld is van de coronacrisis.  ( 3 min )
    Populaire Volkswagen-curryworst binnenkort weer te koop in bedrijfskantine
    De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )
    Storing bij Britse luchtverkeersleiding kan nog dagen voor chaos zorgen
    De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.  ( 3 min )
  • Open

    Markets Gain at Midday as Job Openings Boost Optimism Fed Will Ease Rate Hikes
    U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.  ( 1 min )
    5 Things to Know Before Markets Open
    Data due for release is expected to show home prices and job openings declining, and 3M's board approved a $6 billion settlement over allegations of delivering faulty earplugs to the military. Here’s what investors need to know today.  ( 1 min )

  • Open

    Box-Top Order Definition
    A box-top order is an order to buy or sell the best market price.  ( 18 min )
    Will the Fed Raise Rates Again—And Push CD Returns Even Higher?
    The Fed has already pushed CD rates to record levels—as high as 5.85%. But it still has three 2023 meetings to go. Will it nudge interest rates even higher this year?  ( 17 min )
    S&P 500 Gains and Losses Today: Index Adds to Last Week's Advance After Powell's Comments
    U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.  ( 16 min )
    Novocure Shares Plunge After Its Ovarian Cancer Treatment Fails to Meet Goal
    Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.  ( 17 min )
    These Are The States Kicking The Most People Off Medicaid
    Ever since a pandemic-era protection for Medicaid recipients expired in March, states have removed more than 5.4 million people from the rolls—with some states showing more gusto for disenrolling than others  ( 17 min )
    Top CD Rates Today: A New High-Yield Option Joins the Ranks
    Today's best CD rates are 5.85% from One America Bank, 5.75% from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union, and 5.70% from Langley Federal Credit Union.  ( 21 min )
    Introduction to Supply and Demand
    Learn about the fundamental concept of supply and demand and how it relates to individual daily purchases.  ( 22 min )
    Danaher Buys Abcam for $5.7 Billion to Expand Its Product Offerings
    Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.  ( 16 min )
    What Impact Does Inflation Have on the Dollar Value Today?
    Inflation and the value of money have an inverse relationship. Inflation decreases the value of a dollar, making what you have today worth less tomorrow.  ( 25 min )
    OpenAI Launches Paid Chatbot for Businesses
    ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.  ( 17 min )
    Credit Repair Companies Reach $2.7 Billion Settlement With CFPB
    Over four million consumers have been cheated out of almost $3.1 billion, CFPB says.  ( 18 min )
    American Airlines Fined $4.1M for Passengers Stranded 3+ Hours on Runway
    The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.  ( 18 min )
    MINTs: Overview, Requirements to be Included, History
    MINT (Mexico, Indonesia, Nigeria, Turkey) is an acronym that refers to a group of countries with the potential to realize rapid economic growth.  ( 19 min )
    Buffett Rule Definition
    The Buffett Rule is part of a tax plan that was first proposed in 2011. It would have enacted a 30% effective federal tax rate on the income of millionaires.  ( 23 min )
    The Big Five: Here Are Canada's Largest Banks by Total Assets
    The Big Five Banks is a term to describe the five largest banks in Canada: Royal Bank, The Bank of Montreal, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and TD Canada Trust.  ( 22 min )
    Goldman Sachs Sells Off $29 Billion Investment Advisory Business
    Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).  ( 17 min )
    How Does Government Policy Impact Microeconomics?
    A government policy has microeconomic effects whenever its implementation alters the inputs and incentives for individual economic decisions.  ( 21 min )
    Should You Sell Your Life Insurance in a Life Settlement?
    Life settlements allow life insurance owners to sell a policy they no longer want or need. Here's how these deals work.  ( 23 min )
    How Gold Affects Currencies
    Learn about the strong correlation between gold's value and the strength of currencies trading on foreign exchanges.  ( 21 min )
    Immigration Is Playing a Larger Role of Filling Gaps in the US Labor Force
    Employers having a hard time filling jobs could get some help from a source that’s traditionally boosted the U.S. economy—immigration.  ( 19 min )
    Instacart, Among the Biggest Beneficiaries of Covid Quarantines, Files for IPO
    Grocery delivery app Instacart filed its application for an Initial Public Offering (IPO) on Friday after the easing pandemic cut its valuation before a previous attempt late last year.  ( 17 min )
    Investopedia’s Robo-Advisor Ranking Methodology
    Investopedia's mission is to provide investors with reviews and ratings of robo advisors. We are committed to helping investors at all levels find the right robo-advisor for their needs.  ( 25 min )
    The German Economic Miracle
    After World War II, Germany was in ruins. Learn about the country's quick rise to the third strongest economy in the world.  ( 25 min )
    Live from Invest Fest 2023 with Real-Life Lessons in Wealth Building
    The Express is live and direct from Invest Fest 2023, the flagship event from Earn Your Leisure, as 20,000 attendees flock to Atlanta to learn wealth building, entrepreneurship, and investing lessons from some of the biggest names in the business.  ( 19 min )
    Emerging Markets: Analyzing Mexico's GDP
    Examining the gross domestic product growth and composition of Mexico, the second-largest economy in Latin America.  ( 25 min )
    Markets Rise Midday, Adding to Gains After Fed Chair Powell's Rate Hike Comments
    U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.  ( 16 min )
    Mortgage Rates Rise, But Stay Below Recent Highs
    Rates on 30-year mortgages rose moderately, but thanks to a notable dip in the previous days, rates are still below the 22-year high they reached early last week.  ( 20 min )
    3M Shares Jump on Reports It Reached a $5.5 Billion Settlement Over Earplug Lawsuits
    3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.  ( 18 min )
    Boston Scientific Reports Positive Results from Atrial Fibrillation Device
    Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).  ( 16 min )
    3 Types of Analysts: Which Is Best for You?
    Financial analysts work in different ways. Learn about potential conflicts of interest and whether a sell-side, buy-side, or independent analyst is for you.  ( 24 min )
    Fisker Rolls Into Three New European Markets
    Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.  ( 18 min )
    How Quantitative Easing (QE) Affects the Stock Market
    Read about the impact of quantitative easing, or QE, on stock market prices, and learn the potential implications of ending this monetary policy.  ( 22 min )
    Horizon Therapeutics Shares Surge As FTC Postpones Challenge to Merger
    Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.  ( 18 min )
    What Is a Business Grant?
    A business grant is a sum of money given to a business by a donor. In the U.S., the largest donors are the federal government, state governments, foundations, charities, and corporations. Business grants have a key difference from business loans: you don’t have to pay them back.  ( 24 min )
    How to Apply for a Small Business Grant
    You can apply for a small business grant from a variety of sources. Once you’ve found a grant that you are eligible for, you’ll typically need to apply online and attach a number of documents.  ( 24 min )
    Jabil Shares Jump After Agreeing to Sell Its Mobility Business to BYD for $2.2 Billion
    Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.  ( 17 min )
    Understanding the Options Premium
    The price of an option, otherwise known as the premium, has two basic components: intrinsic value and time value.  ( 20 min )
    Xpeng to Acquire Ride-Hailing Company Didi's Smart EV Development Business
    Chinese start-up Xpeng eliminated a potential rival and gained tech by acquiring mobility company DiDi's smart EV development arm, leading its shares to soar.  ( 17 min )
    Stellar Cryptocurrency Definition, History & Future
    Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.  ( 21 min )
    How Self-Driving Cars Could Change the Auto Industry
    Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 26 min )
    What a 'Hard Landing' in China Would Mean for the US Economy
    Fears are rising that China is headed for an economic "hard landing" due to its property sector's debt accumulation—leading to concerns it may impact other international economies.  ( 19 min )
    5 Things to Know Before Markets Open
    Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 18 min )
    Foreclosures at 15-Month Low, Serious Delinquencies Decline
    A survey of July mortgage performance data by analytics firm Black Knight finds that foreclosure activity has hit its lowest level in 15 months, as serious delinquencies continue to fall.  ( 18 min )
    Common Policy Declarations: Meaning, Benefits, Example
    Common policy declarations contain the basic information that defines an insurance policy, such as the amount of coverage, premium, and policy terms.  ( 20 min )
    Maximum Foreseeable Loss (MFL): Meaning, Calculating, Example
    Maximum Foreseeable Loss (MFL) is the largest financial hardship a policyholder may have after an adverse event damages or destroys covered property.  ( 20 min )
    Absentee Landlord Definition
    An absentee landlord, most often found in commercial real estate ownership, rents the property but is not located on or near the property.  ( 19 min )
    Do You Need a Rent Receipt?
    Landlords don't always bother to send receipts to renters, but there are important reasons renters should insist on getting proof that they paid.  ( 20 min )
    Co-pay vs. Deductible: What’s the Difference?
    Your health insurance plan has set co-pays for doctor visits and prescriptions, as well as a deductible. But what’s the difference between the two?  ( 23 min )
    The Fuel That Fed the Subprime Meltdown
    The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.  ( 27 min )
    The Amazon Effect on the U.S. Economy
    Discover the impact that Amazon has on the greater U.S. economy in terms of wage growth, inflation, and wealth creation.  ( 26 min )
    Does Perfect Competition Exist in the Real World?
    There are significant obstacles preventing perfect competition in today's economy, and many economists think it is better that way. Learn more about why this happens.  ( 22 min )
    Security Deposit: Definition, Primary Purpose, and Example
    A security deposit is money that is given to a lender, seller, or landlord as proof of intent and may be used to pay for damages caused by a renter.  ( 19 min )
    All-Risks Coverage: What it is, How it Works
    All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.  ( 18 min )
    A Brief History of Taxes in the US
    America's first citizens enjoyed few to no taxes. Over time, taxes were added, increased—and occasionally repealed—to give us our current tax regime.  ( 27 min )
    Chain Banking: Overview, Pros and Cons, Example
    Chain banking is a form of bank governance that occurs when a small group of people control at least three banks that are independently chartered.  ( 22 min )
    How Commingling And Rehypothecation Affect Bitcoin
    Bitcoin's debut as an investment vehicle may be complicated by the rehypothecation and commingling practices of Wall Street firms.  ( 19 min )
  • Open

    S&P 500 Gains and Losses Today: Index Adds to Last Week's Advance After Powell's Comments
    U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.  ( 1 min )
    Markets Rise Midday, Adding to Gains After Fed Chair Powell's Rate Hike Comments
    U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.  ( 1 min )
    5 Things to Know Before Markets Open
    Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 1 min )
  • Open

    Danaher Buys Abcam for $5.7 Billion to Expand Its Product Offerings
    Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.  ( 1 min )
    OpenAI Launches Paid Chatbot for Businesses
    ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.  ( 1 min )
    American Airlines Fined $4.1M for Passengers Stranded 3+ Hours on Runway
    The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.  ( 1 min )
    Novocure Shares Plunge After Its Ovarian Cancer Treatment Fails to Meet Goal
    Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.  ( 1 min )
    Goldman Sachs Sells Off $29 Billion Investment Advisory Business
    Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).  ( 1 min )
    Boston Scientific Reports Positive Results from Atrial Fibrillation Device
    Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).  ( 1 min )
    Fisker Rolls Into Three New European Markets
    Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.  ( 1 min )
    3M Shares Jump on Reports It Reached a $5.5 Billion Settlement Over Earplug Lawsuits
    3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.  ( 1 min )
    Jabil Shares Jump After Agreeing to Sell Its Mobility Business to BYD for $2.2 Billion
    Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.  ( 1 min )
    Horizon Therapeutics Shares Surge As FTC Postpones Challenge to Merger
    Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.  ( 1 min )
  • Open

    China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses
    No content preview
    How to Split Gifts on a Tax Return
    Gift tax can apply when you give money or other assets to someone else. As the gift-giver, you're responsible for paying any tax due. The IRS allows you to make financial gifts up to a certain exclusion limit each year … Continue reading → The post What Is Gift Splitting? appeared first on SmartAsset Blog.  ( 33 min )
    Citadel Vets 69,000 Intern Applicants to Find Next Math Geniuses
    (Bloomberg) -- In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Man  ( 35 min )
    Workhorse falls short on votes to increase share count
    Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker. The post Workhorse falls short on votes to increase share count appeared first on FreightWaves.  ( 32 min )
    Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence
    “China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.  ( 32 min )
    Medical Properties Trust pushes to pay down debt, deal on hold
    Medical Properties Trust is responding to a skeptical take on its Prospect deal.  ( 15 min )
    Farmers Insurance lays off 2,400 workers as insurers pull back from California
    The cuts at the Los Angeles-based insurance company amount to 11% of its workforce. They come as insurers have shown increasing reluctance to write policies for Californians.  ( 32 min )
    Apple Stock Is Off Way More Than Nasdaq. What Went Wrong—and Could Go Right.
    Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.  ( 26 min )
    5 things to know about U.S. Steel, a month after rival's bid
    Here's what has changed, what has not, and what has stayed the same since the July bid for the Pittsburgh steelmaker became public two weeks ago.  ( 10 min )
    'Ticket to Foreclosure' Dave Ramsey Warns Of This Mortgage Trap He Calls 'Dumber Than A Rock On The Surface'
    Personal finance expert Dave Ramsey has raised concerns about the growing popularity of adjustable-rate mortgages (ARMs). In a recent episode of "The Ramsey Show," Ramsey didn't hold back in describing ARMs as a "ticket to foreclosure" rather than a pathway to homeownership. In the episode, co-host George Kamel brought up a "passive-aggressive" question posted on Experian regarding whether adjustable-rate mortgages could help people purchase homes. Ramsey made it clear that he saw a potentially  ( 31 min )
    Dow Jones Up As Nvidia Rebounds; Cathie Wood Loads Up On This Stock After 124% Run
    No content preview
    Monthly Sector Review
    No content preview
    Young Millionaires Don't Put All Their Eggs In One Basket – Here's What They Are Investing In For Massive Growth
    Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you. A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest Americans, particularly those ages 21 to 42 with at least $3 million in investable assets, are taking a different approach to wealth management than their older counterparts. According to the survey, these young mill  ( 32 min )
    Nvidia's forward PE ratio tumbles to lowest in eight months
    Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most valuable chipmaker trading at its lowest forward earnings multiple in eight months. Nvidia's stock added nearly 2% to $468 on Monday, leaving it down almost 1% since last Wednesday, when the Santa Clara, California company far exceeded expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. At that price, Nvidia shares are trading at the equivalent of around 33 times expected earnings over the next 12 months, according to Refinitiv data.  ( 31 min )
    Bud Light falls further, Modelo extends lead as best-selling US beer
    After toppling Bud Light to become the best-selling beer brand in the U.S. on the year, Modelo Especial has extended its lead over the beleaguered Anheuser-Busch brand.  ( 32 min )
    Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says
    “Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.  ( 33 min )
    IBM’s CEO, who froze hiring for thousands of back-office jobs and predicted A.I. would take up to 50% of new jobs, just piled into a $4.5 billion tech unicorn’s massive new $235 million funding round
    The popular A.I. open-source platform Hugging Face was already a unicorn in 2022, but the company just keeps drawing in major funding.  ( 33 min )
    Analyst Report: EOG Resources, Inc.
    No content preview
    Market Update: EOG
    No content preview
    Is Palantir Stock A Buy On Artificial Intelligence Outlook?
    No content preview
    Warren Buffett may be bracing for a recession – and Michael Burry's latest big short is a 'good move,' says top economist Steve Hanke
    No content preview
    Charlie Munger's Less-Than-Optimistic Advice: 'I Think The Best Road Ahead To Human Happiness Is To Expect Less'
    In the realm of wise investors and business moguls, Charlie Munger, the billionaire business partner of Warren Buffett, is a source of valuable advice. His interests span wide, but they all converge on a singular focus: the pursuit of wealth, happiness and the avoidance of making dumb mistakes. During the 2023 Berkshire Hathaway Inc. annual meeting, Buffett expressed his desire to be born in the present day, considering it a superior world compared to any before. He acknowledged that modern comm  ( 33 min )
    Tesla Stock Maintains Its Street-High Price Target
    Tesla (NASDAQ:TSLA) is primarily known as a company that makes electric vehicles (EVs), but that only tells part of the story. In fact, when you sum up all the different elements, says Wedbush analyst Dan Ives, a bigger picture emerges. “With Tesla production strong and OEMs lining up for access to its supercharger network, we believe the sum-of-the-parts story for Tesla is fully in stride with its newly released supercharger network OEM deals, energy business, AI-driven autonomous path, unmatch  ( 32 min )
    'So Unprecedented': Kevin O'Leary Says Bud Light Is The Gift That Keeps On Giving, Plans To Teach Its 25% Market Share Collapse To College Students
    As the chairman of O’Leary Ventures and a star on the reality TV show “Shark Tank,” Kevin O’Leary has seen a lot of business triumphs and blunders. But what’s been happening to Bud Light lately still strikes him as unprecedented. In a recent interview with Fox Business, O’Leary said that Bud Light's situation is unheard of in the beer industry. “Beer brands take decades to build and usually are fighting [for] 1% to 2% share per year by spending hundreds of millions of dollars on advertising,” he  ( 33 min )
    Cost-Of-Living Crisis Over? Renowned Strategist Tom Lee Says Inflation Is On A Straight Line To Sub-2% By The Middle Of Next Year — Here's What He Likes Right Now
    Inflation has been a big concern for both the Federal Reserve and investors. But according to Tom Lee, co-founder and head of research at Fundstrat Global Advisors, this concern will soon diminish. "I think inflation is on a glide path towards sub three, sub two by the middle of next year," Lee said on CNBC recently. In July, the consumer price index (CPI) rose 3.2% from a year ago. Core CPI, which excludes food and energy, showed a 12-month increase of 4.7%. Both metrics increased by 0.2% month  ( 33 min )
    Apple Stock Is Off Nearly Twice as Much as the Nasdaq. What Went Wrong and Could Go Right.
    Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.  ( 26 min )
    Why BridgeBio's Battle With Pfizer In Heart Disease Treatment Is Just Heating Up
    No content preview
    Who’s Getting Rich Off VinFast Stock? Probably No One.
    VinFast stock is soaring again on heavy trading volume. The average holding period for VinFast stock is less than two days.  ( 26 min )
    XPeng inks $744M deal with ride-share giant Didi, linking two of China's biggest tech names
    Chinese electric vehicle maker Xpeng signed a development deal with mobility and ride-sharing giant Didi, linking two of China’s most prominent tech names.  ( 33 min )
    3M settles, XPeng buys, Rite Aid preps: Stocks trending Monday morning
    3M Company led Yahoo Finance's trending tickers page on Monday morning after the company reportedly reached a $5.5 billion settlement over faulty ear plugs.  ( 33 min )
    Don’t Sweat Boeing’s MAX Jet Problem. The Stock Can Rebound.
    There is good news for investors in the aerospace company a few days after a quality problem with a supplier knocked a few dollars off the stock price.  ( 27 min )
    Billionaire Stanley Druckenmiller Says Recession Is Still in the Cards, but Stays Heavily Invested in These 2 Stocks
    Just because something hasn’t happened yet, doesn’t mean it isn’t about to. That essentially is the view of legendary investor Stanley Druckenmiller on the prospect of a looming recession. Unlike other financial prognosticators, Druckenmiller hasn’t flip-flopped on the issue and has remained adamant a recession is on the way. “To me the probabilities haven’t changed,” Druckenmiller has said, “it has been pushed out relative to expectations, but in no way does the fact that it hasn’t started yet  ( 34 min )
    Nvidia upgraded, CrowdStrike downgraded: Wall Street's top analyst calls
    Nvidia upgraded, CrowdStrike downgraded: Wall Street's top analyst calls  ( 33 min )
    3M Lifts Dow Jones Index On Reports Of $5.5 Billion Settlement
    No content preview
    Alibaba, JD.com, and Other Chinese Stocks Climb. What Is Behind the Rally.
    China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.  ( 27 min )
    Stocks open higher as inflation, jobs data looms: Stock market news today
    Stock futures were higher early Monday as markets continue to digest Powell's key speech from last week.  ( 32 min )
    $4 Million Bucks Will Buy You This Type of Retirement If You Stop Working at 55
    No content preview
    Charles Schwab Says to Add This Asset to Your Retirement Portfolio
    No content preview
    T. Rowe Price Says You Need This Much Saved For Retirement Based on Your Income
    No content preview
    Does Fidelity's 45% Rule Still Hold Up?
    No content preview
    Fisker Stock Rises. The EV Start-Up Is Expanding Deliveries to 3 New Countries.
    The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.  ( 26 min )
    Novocure Plummets 32% After Its Cancer Treatment Fails In Ovarian Cancer
    No content preview
    XPeng Stock Surges on Plan to Buy DiDi’s Smart Vehicle Unit
    XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).  ( 27 min )
    Dow Jones Futures Rise With Jobs, Inflation Data On Deck; Tesla Rival Xpeng Surges On Didi Deal
    No content preview
    The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
    No content preview
    KSL Buys Hersha Hospitality for $1.4 Billion in Private Equity Bet on Lifestyle Hotels
    Smaller owners of hotels are finding it tough to compete against giant players like Host. The Hersha takeover may not be the last opportunistic move by private equity we see in the lifestyle hotel segment.  ( 31 min )
    Nvidia Plans to Buy Back Billions in Stock. Other Companies Could Join in Soon.
    Buybacks can often be a key ingredient to stock market returns for investors.  ( 26 min )
    Stock futures higher as inflation, jobs data looms: Stock market news today
    Stock futures were higher early Monday as markets continue to digest Powell's key speech from last week.  ( 32 min )
    Danaher to Buy Abcam in $5.7 Billion Deal. Investors Don’t Like the Premium.
    The industrial scientific-supplies company agrees to acquire all shares outstanding for $24.00 each.  ( 26 min )
    Warren Buffett Bets His Fortune On One Of 9 'Can't Lose' Stocks
    No content preview
    3M reportedly nears $5.5 billion settlement in earplug cases
    3M is said to be close a settlement, estimated at about $5.5 billion, that could resolve hundreds of thousands of lawsuits from veterans blaming the company's earplugs for hearing loss.  ( 9 min )
    What we know so far about a mysterious Tiger Global memo that’s making its way around Wall Street
    Everyone is talking about an anonymous memo containing damning—and potentially fabricated—accusations against the hedge fund.  ( 32 min )
    EV Start-up Fisker Expands Deliveries to 3 New Countries. The Stock Is Rising.
    The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.  ( 26 min )
    Weekly Stock List
    No content preview
    Here's why Wells Fargo is closing branches in Minnesota
    Wells Fargo & Co. is shrinking its real estate footprint in Minnesota in both number of branches and corporate office space in an effort to better serve customers and maximize its resources, one of the bank's regional leaders says.  ( 12 min )
    Analyst Report: Gentherm Inc
    No content preview
    Analyst Report: Emerson Electric Co.
    No content preview
    3M Stock Soars on Reported Earplugs Settlement. $5.5 Billion Is a Win for Investors.
    The Wall Street Journal reports that 3M is nearing a $5.5 billion settlement to resolve claims over potentially faulty earplugs. The amount is lower than analysts expected.  ( 26 min )
    Vinfast rallies on after becoming world's third-most valuable automaker
    The company made a blowout debut on Wall Street this month and has quickly grown in valuation to become the third-most valuable automaker - only behind Tesla and Toyota. But Vinfast's small amount of publicly available shares has made the stock prone to volatility, with shares jumping or slumping more than 14% in 11 of the past 12 sessions. The stock was on track to add nearly $50 billion to its market capitalization, based on the premarket share price of $90.55.  ( 31 min )
    5 Things to Know Before Markets Open
    Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 19 min )
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    ‘They would not listen to us’: inside Biden’s troubled $53bn chip plant
    Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns  ( 36 min )
    XPeng to Buy DiDi’s Smart Vehicle Arm, Launch New EV Brand. The Stock Surges.
    XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).  ( 27 min )
    Bloom Energy Can Finally Live Up to Clean Power Buzz
    Years of disappointment have sapped investor interest in the Californian maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.  ( 26 min )
    Powell signals no retreat, no surrender
    One of the overarching market themes this year - aside from the hype around artificial intelligence - has been investors avidly building up bets on the Federal Reserve finally announcing an end to its cycle of rate hikes, only to have that optimism dashed. There's no doubt that the U.S. central bank is nearing the end of its mission to wrestle down inflation. Headline inflation in July rose 3.2% on an annual basis - a far cry from last June's 9.1% - and nearing the Fed's 2% target.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/28/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/28/2023
    No content preview
    Nvidia stock surge faces not-so-subtle risk from China
    It pays off to do a keyword search on China inside of Nvidia's latest earnings call.  ( 33 min )
    Bitcoin Falls Below $26,000. Here Are the Next Price Levels to Watch.
    Bitcoin is giving up gains made over the weekend.  ( 26 min )
    Treasuries Woo Buyers as Juicy Yields Offset Powell Warning
    (Bloomberg) -- Beaten-down US Treasuries are proving irresistible to some investors even after Federal Reserve Chair Jerome Powell said he’s ready to raise interest rates again to choke off inflation.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champi  ( 32 min )
    Broken Satellite Risks Big Claim in Shrinking Insurance Market
    (Bloomberg) -- Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe company’s roughly $1 billi  ( 34 min )
    Americans Are Bailing on Their Home Insurance
    Homeowners are responding to a sharp rise in the cost of a policy.  ( 26 min )
    Chinese ride-hailing firm Didi Global sells its EV unit to Xpeng as the two plan to launch a mass-market brand in 2024
    Chinese ride-hailing firm Didi Global has agreed to sell its electric vehicle (EV) arm to EV maker Xpeng in exchange for shares worth HK$5.84 billion (US$744 million), exiting a once promising business that is now crowded with 200 licensed players. Guangzhou-based Xpeng will issue the shares at HK$64.03 apiece, according to exchange filings by the two companies on Monday. Beijing-based Didi, which was slapped with an 8 billion yuan (US$1.1 billion) fine for data violations by China's internet wa  ( 33 min )
    Student Loans Are Emerging From Deep Freeze, and Borrowers Are Confused
    Interest on federal loans restarts on Friday and the first payments are due in October.  ( 27 min )
    Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion
    The contract electronics manufacturer says the deal is the largest in its history.  ( 27 min )
    These Stocks Are Moving the Most Today: 3M, Jabil, XPeng, Alibaba, Nvidia, and More
    3M is a nearing a settlement of about $5.5 billion that would resolve claims it sold faulty combat earplugs to the U.S. military, The Wall Street Journal reports, Jabil reaches an agreement to sell its mobility business to BYD Electronic for about $2.2 billion, and shares of Alibaba and JD.com rise after the Chinese government says it will reduce a tax on trading.  ( 27 min )
    India's Reliance appoints Ambani children to board in succession plan
    BENGALURU (Reuters) -India's Reliance Industries Ltd on Monday appointed the three children of Chairman Mukesh Ambani as board directors at the oil-to-telecoms conglomerate, as the billionaire prepares to eventually hand over the reins. Ambani, Asia's richest person, has previously said his children Isha, Akash and Anant would have significant roles in the business and that Reliance was "in the process of effecting a momentous leadership transition". Mukesh Ambani was re-appointed as chairman of the company for another five years in July.  ( 32 min )
    Chinese Stocks Rally After Cut to Tax on Trades. Alibaba, JD.com Are Rising.
    China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.  ( 27 min )
    EUR/USD Has Scope to Fall Further, Charts Show
    EUR/USD has scope to fall further, based on technical charts, UOB said, however its downward momentum hasn’t increased much and its fall is approaching oversold territory, so the pace of any drop is expected to be relatively gradual.  ( 24 min )
    JPMorgan: “Limited Downside” For Crypto in the Short-Term
    JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.  ( 30 min )
    China’s 5.5% Stock Rally Fizzles in Blow to Market Rescue Effort
    (Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The yuan also strengthened. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M  ( 33 min )
    Bitcoin Traders Remain Fearful of 'Tail Risk' Amid Renewed Price Lull: Observers
    Tail risk refers to the risk of an asst moving three standard deviations from its current price on the back of a rare event.  ( 32 min )
    5 big analyst picks & cuts: CrowdStrike downgraded at Morgan Stanley ahead of Q2
    Here is your Pro Recap of the biggest analyst picks and cuts you may have missed today: upgrades at Forward Air, Zimmer Biomet, and UGI, and downgrades at CrowdStrike and L3Harris Technologies. Crowdstrike (NASDAQ:CRWD) shares fell more than 2% premarket today after Morgan Stanley downgraded the company to Equalweight from Overweight and cut its price target to $167.00 from $178.00 ahead of Q2/24 earnings announcement on Wednesday. Morgan Stanley believes that the consensus forecast for NNARR is overly optimistic at 6% year-over-year growth in Q3 and sees a downside to a 12% growth estimate in Q4.  ( 32 min )
    Evergrande Delays Restructuring Votes Just Hours Before Start
    (Bloomberg) -- China Evergrande Group delayed key votes on its offshore-debt restructuring plan just hours before they were to occur Monday, adding to uncertainty in a protracted process to finalize one of the country’s biggest restructurings ever.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Mi  ( 33 min )
    September Is Bad for Stocks. Is It Still Good for Gold?
    I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.  ( 26 min )
    Terry Gou Says Apple, Tesla Links Mean China Can’t Pressure His Business
    (Bloomberg) -- Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d run in Taiwan’s next presidential election.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion  ( 32 min )
    Chinese Stocks Rally After Beijing Moves to Boost Market
    Regulators cut stamp duty and plan to reduce IPO supply.  ( 26 min )
    Nvidia Stock Hasn’t Been This Cheap Since January, Before It Rallied 250%
    If you liked the chip maker in January, you should like it now. The stock hasn't had such a low forward price/earnings ratio since the price was a lot lower.  ( 26 min )
    US oil pipeline boss ties future to natural gas in pursuit of Oneok merger
    Chief of Magellan Midstream sees ‘challenging’ petroleum outlook but strong demand elsewhere  ( 6 min )
    Country Garden says $100 billion Malaysia project on track
    Malaysia will create a "special financial zone" in embattled Chinese developer Country Garden's $100 billion project in the Southeast Asian nation and offer incentives to attract investments, Prime Minister Anwar Ibrahim said. The massive Forest City project is being build across four reclaimed islands in Malaysia's Johor state near Singapore, and aims to house 700,000 people by 2035. It will include office towers, malls and schools in addition to residential buildings.  ( 31 min )
    China’s Xpeng Soars After Buying Didi Unit to Consolidate Market
    (Bloomberg) -- Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world’s largest electric vehicle market.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After O  ( 31 min )
    China Evergrande’s First-Half Net Loss Narrowed; Shares to Resume Trading
    China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.  ( 25 min )
    XPeng Shares Rise after Announcing Strategic Partnership with DiDi
    XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.  ( 25 min )
    Asia Stocks Rise on China Measures, Powell Remarks: Markets Wrap
    (Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost  ( 33 min )
    Evergrande Shares Plunge 87% in Hong Kong After Trading Resumes
    (Bloomberg) -- China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After Osprey Crash  ( 32 min )
    Crypto market cautious after Fed’s Powell says US inflation still ‘too high’
    Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell's hawkish comments on U.S. inflation.  ( 32 min )
    China Markets Rally as Authorities Take Steps to Lift Sentiment
    (Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After  ( 32 min )
    BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
    (Bloomberg) -- The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for 15.8 billion yuan ($2.2 billion), expanding its reach in mobile devices.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After Ospre  ( 31 min )
    China approves 37 retail funds to help revive market
    China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing economy. The newly-approved funds, which will guide fresh capital into the market, include 10 exchange-traded funds (ETFs) that track the small-cap CSI 2000 Index and seven tech-focused ETFs, according to the China Securities Regulatory Commission (CSRC) website. The CSRC has vowed to fast-track ETF approvals, and guide asset managers to lower management and trading fees, along with several other market-friendly measures.  ( 31 min )
    China Evergrande shares plunge more than 80% as trade resumes after 17 months
    HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following a 17 month suspension, after saying it had "adequately" fulfilled all guidance issued by the Hong Kong Stock Exchange. Evergrande, the world's most-indebted property developer, is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. Its shares listed in Hong Kong traded as low as HK$0.22 on Monday, with its market capitalisation shrinking to HK$3.2 billion ($408.02 million).  ( 30 min )
    China Stocks Surge After New Measures to Boost Markets
    (Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After  ( 33 min )
    Oil Rises; Prospects of Higher Supply Could Weigh
    Oil prices rose slightly in early Asian trade after recording two straight weeks of losses on Friday amid signs of additional crude oil supplies hitting the market.  ( 25 min )
    Oil ticks higher after China moves to support flagging economy
    Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. Oil benefited from a better tone on the opening, IG market analyst Tony Sycamore said, after China halved stamp duty on stock trading effective Monday in the latest attempt to boost struggling markets. "Unfortunately, after last week's modest (Chinese central bank interest) rate cut, the announcements above amount to another piecemeal measure that won't alter investor gloom towards China," he added.  ( 31 min )
    You’ve Heard of Quiet Quitting. Now Companies Are Quiet Cutting.
    Layoffs are down, but employers are still finding ways to cut jobs.  ( 22 min )
    China's Xpeng to take over Didi's smart EV unit, shares soar
    China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024. To acquire assets related to Didi's smart EV project, Xpeng will issue class A shares representing about 3.25% of the company's outstanding share capital, Xpeng said.  ( 31 min )
    China’s Debt Problm Could Trigger a Financial Crisis, Analyst Says
    Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.  ( 26 min )
    Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
    (Bloomberg) -- Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting economic stress will drive the yuan’s offshore exchange rate to historic lows.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Ki  ( 32 min )
  • Open

    Toeristen gaven vorig jaar maar liefst 96 miljard euro uit in ons land
    Onze economie kon vorig jaar flink profiteren van het groeiend aantal toeristen. Buitenlandse en Nederlandse vakantiegangers gaven samen 96 miljard euro uit in ons land, ongeveer 60 procent meer dan in coronajaar 2021.  ( 3 min )
    Tarieven openbare laadpalen verschillen flink, zelfs in één straat
    De tarieven van openbare laadpalen kunnen flink uiteenlopen, zelfs binnen één straat. Bovendien zijn de prijzen voor consumenten lang niet altijd duidelijk. Dat blijkt uit onderzoek van de Consumentenbond.  ( 4 min )
    Woonadressen van miljoenen Nederlanders te zien door fout Kadaster
    Door een lek bij het Kadaster was het mogelijk om namen en woonadressen van bijna alle Nederlanders met een koopwoning te bekijken. Dat bevestigen het Kadaster en de Autoriteit Persoonsgegevens maandag na berichtgeving van RTL Nieuws.  ( 3 min )
    Speelgoedketen Intertoys te koop gezet, ook Blokker en BCC worden verkocht
    De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).  ( 4 min )
    Honderden Britse vluchten vertraagd door storing, ook Schiphol heeft er last van
    Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.  ( 3 min )
    Speelgoedketen Intertoys wordt te koop gezet
    De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).  ( 3 min )
    Storing in Verenigd Koninkrijk zorgt voor vertraging en geannuleerde vluchten
    Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.  ( 3 min )
    Dit is de laatste week om belastingaangifte te doen en toeslagen aan te vragen
    Je hebt tot en met donderdag 31 augustus de tijd om zorgtoeslag en huurtoeslag over 2022 aan te vragen. "Vaak denken mensen dat ze geen recht hebben op toeslagen, terwijl dit wel zo is", schrijft de Belastingdienst. Ook is het de laatste week waarin je belastingaangifte kunt doen.  ( 4 min )
    Franse minister zegt dat rente van ECB komende maanden niet omlaaggaat
    De Europese Centrale Bank (ECB) zal de rente voorlopig niet verlagen vanwege de hoge inflatie. Dat zei de Franse minister van Financiën Bruno Le Maire maandag op de radio.  ( 3 min )
    Politie stopt met algoritme dat voorspelt wie gewelddadig zou kunnen worden
    De politie stopt met het gebruik van een algoritme dat voorspelt wie in de toekomst geweld zou kunnen gebruiken. Dat zegt een woordvoerder van de politie na berichtgeving door Follow the Money.  ( 3 min )
    Ruimtestation ISS heeft weer vier nieuwe bemanningsleden
    Bij het internationale ruimtestation ISS zijn vier nieuwe bemanningsleden aangekomen, meldt NASA op X (voorheen Twitter). Ze blijven daar nu ongeveer een half jaar om meer dan tweehonderd experimenten te doen ter voorbereiding op andere ruimtemissies.  ( 3 min )
    Ondernemers in de knel nu ze coronaschulden écht moeten terugbetalen
    Na bijna twee jaar moet een grote groep ondernemers achterstallige belastingen uit de coronatijd echt gaan betalen. Duizenden ondernemers staken tot nu toe hun kop in het zand, maar moeten voor komende dinsdag 29 augustus in actie komen.  ( 7 min )
    Tekort in schatkist van overheid is in één jaar met 19 miljard euro afgenomen
    De overheid had eind 2022 nog een tekort van slechts 1,4 miljard euro in de schatkist. Door economische groei en bijvoorbeeld inkomsten uit online kansspelen klimt de overheid uit een financieel dal.  ( 4 min )
    Stelling | 'Een warmtepomp is onmisbaar vanwege de hoge gasprijzen'
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Er is dit jaar een recordaantal warmtepompen verkocht. Vandaag is daarom de stelling: 'Een warmtepomp is onmisbaar vanwege de hoge gasprijzen'. Breng je stem uit en discussieer mee.  ( 2 min )
    Huizenbezitters kopen dit jaar meer warmtepompen dan ooit
    Woningeigenaren kopen dit jaar waarschijnlijk een recordaantal warmtepompen. Er zijn dit jaar al meer dan 110.000 exemplaren geïnstalleerd, net zo veel als in heel 2022. De verwachting is dat aan het einde van het jaar 170.000 pompen zijn geplaatst.  ( 3 min )
    Ook na de zomervakantie zitten veel klassen zonder leraar
    Een op de negen kinderen begint het komende schooljaar zonder leraar, volgens de Algemene Onderwijsbond (AOb). Hoewel veel scholen in de zomervakantie naar oplossingen hebben gezocht, is het lerarentekort nog lang niet opgelost.  ( 5 min )

  • Open

    How Do Economies of Scale Work With Globalization?
    Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.  ( 20 min )
    Cryptocurrency Hard Forks vs. Airdrops: What's the Difference?
    A hard fork occurs when there is a permanent split in a blockchain. An airdrop occurs when a new cryptocurrency token is deposited directly into users’ wallets.  ( 19 min )
    Expert Explanation of How Auto Loans Work
    Consumer affairs expert Dr. Kathryn J. Morrison takes us inside the auto loan process from application to signing on the dotted line.  ( 27 min )
    What Determines Bitcoin's Price?
    Several factors determine what gives a bitcoin its value, including supply and demand, forks, competition, and regulations.  ( 25 min )
    5 Sources of Free Cash for Student Loans
    Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.  ( 26 min )
    Cryptocurrency Explained With Pros and Cons for Investment
    A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 30 min )
    Bordereau Meaning in Insurance & How the Report Works
    A bordereau is a report provided by an insurance company for a reinsurer that lists either assets that are insured or claims that have been made.  ( 18 min )
    Target-Date Funds vs. S&P 500 Indexing: What's the Difference?
    Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.  ( 23 min )
    Fiat Money vs. Legal Tender: What’s the Difference?
    Learn more about fiat currency and legal tender. Find out how these terms are used by economists to describe different types of money.  ( 19 min )
    Expected Loss Ratio – ELR Method: Overview, Calculation, Formulas
    Expected loss ratio (ELR) method is a technique used to determine the projected amount of claims, relative to earned premiums. The expected loss ratio method is used when an insurer lacks the appropriate past claims occurrence data.  ( 19 min )
    Zero-Lot-Line House: Definition, Advantages, Drawbacks and Types
    A zero-lot-line house is a piece of residential real estate in which the structure comes up to, or very near to, the edge of the property line.  ( 18 min )
    Guinea Franc (GNF) Definition
    GNF, or the Guinea franc, is the currency of the Republic of Guinea.  ( 19 min )
    DigiCash: Meaning, History, Implications
    DigiCash was one of the earliest versions of electronic money and a predecessor of cryptocurrencies.  ( 19 min )
    What Is IOTA (MIOTA)? Definition, How It Works, and Concerns
    IOTA (MIOTA) is a distributed ledger designed to record and execute transactions between devices in the Internet of Things (IoT) ecosystem.  ( 22 min )
    Is Becoming a Landlord More Trouble Than It Is Worth?
    Becoming a landlord can be challenging but also rewarding, depending on various factors.  ( 23 min )
    Defund the Police
    “Defund the police” is a rallying cry that urges disinvesting money from U.S. police departments and allocating it to improvements in underprivileged communities.  ( 26 min )
    8 Things You Need to Know Before Renting a Car
    Renting a car when you're taking a trip provides numerous advantages but hidden costs can come back to bite you if you don't know what to look for.  ( 18 min )
    Understanding Finance vs. Economics
    Learn the differences between finance and economics, two closely related disciplines, and how they inform and influence each other.  ( 25 min )
    5 Key Intel Shareholders (INTC)
    Learn more about five of the key individual shareholders backing Intel, from chief executives to members of the board of directors.  ( 22 min )
    6 Best Places to Buy a Winter Home in the U.S.
    Whether you're trying to escape the snowy season or revel in it, here are some choice destinations if you want to buy a winter vacation home.  ( 22 min )
    Investopedia's Guide to Watching 'Billions'
    This viewer's guide to the hit show "Billions" on Showtime helps fans understand the financial industry jargon that is interwoven through the show's intense plot.  ( 35 min )
    The Leading Women Financial Advisors of 2023
    These female financial advisors lead the financial advising community with impressive wealth management skills and financial literacy contributions. Lean more about the women of the Investopedia 100, below.  ( 22 min )
    The Economics of Labor Mobility
    Loosening labor restrictions, which allows for geographic and occupational mobility, has both good and bad effects on a country and its workers.  ( 23 min )
    Currency Risk: Definition, Examples, and Ways to Manage
    Currency risk is a form of risk that arises from the change in price of one currency against another. Investors or companies that have assets or business operations across national borders are exposed to currency risk that may create unpredictable profits and losses.  ( 21 min )
    Music Mogul Scooter Braun's Net Worth and Business Empire
    Major artists such as Demi Lovato and Ariana Grande are reportedly leaving Scooter Braun, millionaire manager to some of the biggest pop stars. Braun has a net worth of $500 million, thanks to several lucrative deals and acquisitions, including his controversial sale of Taylor Swift's music catalog.  ( 19 min )
    U.S. Middle Class Has Highest Rate of Medical Debt
    Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.  ( 18 min )
    Major Players in the 2008 Financial Crisis: Where Are They Now?
    The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared in the years after the failure.  ( 27 min )
    What Are the Pros and Cons of Raising the Minimum Wage?
    With the debate on wages continuing in Congress and in the public arena, here are some of the major pros and cons of raising the minimum wage.  ( 24 min )
    Is the TLT ETF a Good Bet for the Long Run?
    Your money is safe in the iShares 20 Plus Year Treasury Bond ETF (TLT), but its performance gets better or worse with the overall direction of interest rates.  ( 20 min )
    Real GDP vs. Nominal GDP: Which Is a Better Indicator?
    Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.  ( 28 min )
    Three of the Biggest Land Deals in History
    Three of the largest real estate deals in recorded history are the Alaskan Purchase, the Louisiana Purchase, and the Treaty of Tordesillas. Learn more about these land deals.  ( 22 min )
    Nominal vs. Real Interest Rate: What's the Difference?
    A nominal interest rate is the real interest rate plus a projected rate of inflation. A real interest rate is what a lender or investor receives.  ( 27 min )
    Nationally Recognized Statistical Ratings Organization (NRSRO) Definition
    A nationally recognized statistical ratings organization (NRSRO) is a federally recognized organization that provides an assessment of creditworthiness.  ( 21 min )
  • Open

    Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
    (Bloomberg) -- Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had resigned after less than six months in the role.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketHick, w  ( 31 min )
    Chinese carmaker BYD buys US firm Jabil's mobility business for $2.2 billion
    Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion). ($1 = 7.2890 Chinese yuan renminbi)  ( 30 min )
    Insiders Pour Millions Into These 2 Stocks, Analysts Say They Have up to 120% Upside — Here’s Why You Should Pay Attention
    Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance  ( 35 min )
    Hostess Brands exploring sale as Twinkies, other products may find new home: report
    Hostess Brands, the company behind Twinkies and Zingers, is considering a potential sale amid interest from food industry giants, according to a report by Reuters.  ( 32 min )
    Stocks Poised to Open Higher
    Economists expect the Bureau of Labor Statistics to report a gain of 172,500 nonfarm payrolls for August on Friday, a slowdown from July’s 187,000 jobs.  ( 26 min )
    3M Nears Settlement for About $5.5 Billion to Resolve Earplugs Complaints
    Negotiations are ongoing to settle the largest mass tort in U.S. history with more than 300,000 claims.  ( 27 min )
    China’s Worsening Economic Slowdown Is Rippling Across the Globe
    (Bloomberg) -- China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketTrump Doesn’t Look So Invincible in Post-Debate PollsPowell Has Bond Traders Right Where He Wants Them: Full of DoubtPoli  ( 34 min )
    At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
    (Bloomberg) -- The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaMarkets Brace for Swings After High-Rates Mantra of Jackson HoleChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketPowell Has Bond Traders Right Where He Wants Them: Full of DoubtTrump Doesn’t Look So Invincible in Po  ( 34 min )
    Target-Date Funds vs. S&P 500 Indexing: What's the Difference?
    Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.  ( 23 min )
    Pizza Hut UK’s auditors fire warning shot over restaurant chain’s future
    Pizza Hut UK’s auditors have fired a warning shot over the company’s future amid concerns over its mounting debt pile.  ( 31 min )
    Inflation and jobs data on tap as Fed's path remains in focus: What to know this week
    The week ahead will bring a reading on inflation and several labor data points as the Fed's path forward remains in focus.  ( 34 min )
    Can I Avoid Paying Taxes on My Annuity?
    No content preview
    It’s a Good Time to Invest in Insurers. This ETF Is a Way to Play the Trend.
    Property and casualty insurers are hiking premium rates to cover future losses. That bodes well for future profitability.  ( 27 min )
    Better.com's public market debut was Miserable.com
    Or as my friend and colleague Alex Wilhelm described it, Better.com had a Miserable.com week. To sum it up, digital mortgage lender Better.com made its public debut on August 24. Shares of SPAC partner, Aurora, were trading at $17.45 on Wednesday, before Better.com officially went public.  ( 35 min )
    TipRanks ‘Perfect 10’ List: Recent Pullback Could Present an Opportunity for These 2 Top ‘Smart Score’ Stocks
    This year’s strong rally has stuttered over the past few weeks. August has generally seen increased volatility and declines in the main market indexes. But that hasn’t affected a basic truth of the financial markets: stocks are individuals, and they rise and fall for idiosyncratic reasons. Investors should always check under the hood, to find out if a bargain price represents a good buy. That check can be rough, however, as there are reams of data to sort. Fortunately, investors can always turn  ( 34 min )
    Personal loans are masking Americans’ credit card problems
    A survey conducted by TransUnion found that borrowers who used a personal loan to consolidate their credit card debt saw their balances increase again in 18 months.  ( 32 min )
    Markets Brace for Swings After High-Rates Mantra of Jackson Hole
    (Bloomberg) -- Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest  ( 32 min )
    Can I Retire at 65 With $1.5 Million?
    No content preview
    What Happens If My Bank Account Becomes Dormant?
    No content preview
    Americans Think They Need to Save This Much to Retire ... And Most of Them Are Wrong
    No content preview
    Make This Move Now to Insure $1.5 Million or More at a Single Bank
    No content preview
    Will I Have to Pay a Family Member's Taxes If They Die?
    No content preview
    How Much Will $1.5 Million Net Me Annually?
    No content preview
    A $5 Million Annuity Pays This Much
    Annuities can be complex, and it's easy to be overwhelmed by the different types and sub-types, but they are one of the best ways to receive guaranteed income in retirement. While $5 million sounds like plenty of money to retire … Continue reading → The post How Much Would a $5 Million Annuity Pay appeared first on SmartAsset Blog.  ( 33 min )
    India Further Tightens Rice Shipments in Threat to Global Supply
    (Bloomberg) -- India, the world’s biggest exporter of rice, imposed more curbs on shipments of the grain in a move that’s likely to further squeeze global supplies of the food staple.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest in Champions League F  ( 32 min )
    U.S. Middle Class Has Highest Rate of Medical Debt
    Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.  ( 20 min )
    Why the US war with Big Tech could have unintended consequences
    One lesson from past antitrust fights is that lawsuits can create an opening for a new generation of rivals to emerge, as happened with Microsoft and Google three decades ago.  ( 36 min )
    Twitchy Traders Have S&P 500 Comebacks Fizzling at Historic Pace
    (Bloomberg) -- Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after the next opening bell.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketFIFA Suspends Spanish Football Chief Over World Cup KissThat’s been the August trend, at least  ( 33 min )
    China Evergrande H1 net loss narrows to $4.5 billion
    Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan ($4.53 billion) versus a 66.4 billion yuan loss in the same period a year ago. Evergrande is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. The world's most indebted developer posted a combined net loss of $81 billion for 2021 and 2022 in a long-overdue earnings report last month, having posted an 8.1 billion yuan profit in 2020.  ( 31 min )
    Student loan repayments start in October: Know your servicer sooner rather than later
    It's back-to-payment season. Student loan bills should start arriving in September or October. How do borrowers find their servicer?  ( 36 min )
    China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
    (Bloomberg) -- China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow the pace of initial public offerings, among a slew of new measures to woo investors back to its flagging equities market. Most Read from BloombergThree US Marines Dead After Australia Military Helicopter CrashSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup  ( 31 min )
    The SALT Cap Has a $20 Billion Hole
    Deduction limit is generating 80% to 85% of expected revenue, the Tax Policy Center estimates.  ( 26 min )
    China halves stamp duty on stock trades to boost flagging market
    China will cut halve the stamp duty on stock trading from Monday, the finance ministry said on Sunday. The stamp duty on stock trades is now 0.1%.  ( 29 min )
    The ‘Fidelity Mafia’ Behind Big Crypto
    Some of the most prominent players in the digital-assets space cut their teeth at the mutual-funds powerhouse Fidelity Investments.  ( 21 min )
    China's Sinopec's interim profit down 20.1% on lower oil prices
    Sinopec, the world's largest refiner by capacity, reported revenues of 1.59 trillion yuan for the six months, down 1.1% from the year earlier level. During the period, Sinopec processed a total of 126.54 million metric tons of crude oil, up 4.8% versus a year ago, and its refined fuel sales rose 18.5%, to 116.6 million tons, the company said in a stock filing. Domestic fuel demand extended recovery in the second quarter after a 6.7% year-on-year increase in the first three months, led by gasoline and aviation fuel as people travelled more.  ( 31 min )
    Bumper Earnings Likely to Boost Nvidia Further
    This article summarises the key data from Nvidia’s earnings report and takes a quick look at the chart to consider how the price might continue moving.  ( 32 min )
    Arista Networks: One Chart Explains the Mega-Rally
    Arista Networks, Inc. (ANET) shares have jumped 49% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Monster Beverage: One Chart Explains the Mega-Rally
    Monster Beverage Corp. (MNST) shares have jumped 12% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Meta Platforms: One Chart Explains the Mega-Rally
    Meta Platforms, Inc. (META) shares have jumped 138% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Wall Street’s Hot Options Come to Europe. Will They Take Off?
    (Bloomberg) -- The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week, in a fresh test for the region’s long-struggling capital markets.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissUS Marines Taken From Darwin Military Helicopter Crash: ReportsTesla Investors to Get $12,000 Each From Mu  ( 33 min )
    Investors Want More Yield to Own Long-Term Treasury Debt
    There has been a marked rise in a measure of the extra yield investors want to cover the risk of holding long-term rather than short-term debt. This is why.  ( 26 min )
    ‘It’s sad that French society is too insecure to let an American work for the EU’
    Friday was supposed to be Fiona Scott-Morton’s first day in Brussels. Her appointment as chief competition economist at the European Commission was announced last month with little fanfare on page six of its daily news bulletin.  ( 33 min )
    Analysis-U.S. growth, a puzzle to policymakers, could pose global risks
    U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise interest rates higher than currently expected. The Fed's aggressive rate increases last year had the potential to stress the global financial system as the U.S. dollar soared, but the impact was muted by largely synchronized central bank rate hikes and other actions taken by monetary authorities to prevent widespread dollar funding problems for companies and offset the impact of weakening currencies. Now Brazil, Chile and China have begun cutting interest rates, with others expected to follow, actions that international officials and central bankers at last week's Jackson Hole conference said are largely tuned to an expectation the Fed won't raise its rate more than an additional quarter percentage point.  ( 33 min )
    ‘Insecure’ France is the reason I didn’t get top EU job, says US economist
    The American economist who turned down a top Brussels job after a backlash led by Emmanuel Macron has hit out at France’s “insecure” and xenophobic comments about her appointment.  ( 32 min )
    More Trouble for China: Households Would Rather Save Than Spend
    A crisis of confidence, easy access to credit, and falling home prices are creating a dizzying mix of financial calculations for Chinese households.  ( 26 min )
    Rising Long-Term Rates Loom Over Autumn on Wall Street
    Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks.  ( 26 min )
    China's industrial profits extend slump into seventh month
    BEIJING (Reuters) -Profits at China's industrial firms fell 6.7% in July from a year earlier, extending this year's slump to a seventh month with weak demand squeezing companies as a post-pandemic recovery faltered in the world's second-biggest economy. Earnings shrank 15.5% year-on-year for the first seven months, following a 16.8% decline in the first half of the year, data from the National Bureau of Statistics showed on Sunday. Big Chinese manufacturers posted losses for the first half, with engineering firm China Aluminum International reporting a net loss of 830.6 million yuan ($114.2 million), compared with a year-earlier net profit of 123.6 million yuan.  ( 31 min )
    The Exact Age When You Make Your Best Financial Decisions
    Research has pinpointed the prime years for making smart financial decisions.  ( 22 min )
  • Open

    Tekort in schatkist van overheid neemt af naar 1,4 miljard euro
    De schatkist van de overheid had eind 2022 een tekort van 'nog maar' 1,4 miljard euro. Door economische groei en het einde van coronasteunmaatregelen klimt de overheid uit een financieel dal.  ( 4 min )
    Wankele Chinese vastgoedgigant Evergrande dringt verlies terug
    Het Chinese vastgoedconcern Evergrande zegt in de eerste helft van het jaar een hogere omzet en een kleiner verlies te hebben geboekt. Het bedrijf kwam bijna twee jaar geleden in de problemen en staat centraal in de voortslepende crisis in de Chinese vastgoedsector.  ( 3 min )
    NU+ | De wondere wereld van de bramen: een probleemstruik vol biodiversiteit
    Wie eind augustus door de Nederlandse natuur wandelt, ziet ze vrijwel overal hangen: bramen. Maar het is niet overal dezelfde braam. Van Drenthe tot Zeeland en van Amsterdam tot op de Veluwe zijn alle bramen eetbaar, maar zelden dezelfde soort.  ( 6 min )
    Sponsoren Spaans vrouwenelftal uiten ook kritiek op bondsvoorzitter Rubiales
    Een aantal grote Spaanse bedrijven en sponsoren van het Spaanse vrouwenelftal voegt zich bij de critici van Luis Rubiales. Ze roepen de voorzitter van de Spaanse voetbalbond op te vertrekken, omdat hij international Jenni Hermoso ongevraagd op de mond heeft gekust.  ( 4 min )
    Oostenrijk verzwaart extra heffing voor olie- en gasbedrijven
    Oostenrijk wil een groter deel van de winsten van energiebedrijven extra belasten. Eind vorig jaar voerde het land nog een nieuwe heffing in op hoge winsten van olie-en gasbedrijven als gevolg van de Russische invasie in Oekraïne, waardoor de energieprijzen omhoog schoten.  ( 3 min )
    Winsten Chinese industrie blijven dalen, groeidoelstelling mogelijk uit zicht
    De winsten van Chinese industriebedrijven zijn in juli verder gedaald: een nieuw signaal dat de op een na grootste economie ter wereld in het slop is geraakt. Onlangs heeft de Chinese centrale bank de rentes verlaagd om de groei aan te jagen.  ( 4 min )
    Winsten van Chinese industrie blijven dalen, groeidoelstelling mogelijk niet gehaald
    De winsten van Chinese industriebedrijven zijn in juli verder gedaald, een nieuw signaal dat de op één na grootste economie ter wereld in het slop is geraakt. Onlangs greep de centrale bank van het land in om de groei aan te jagen door rentes te verlagen  ( 4 min )
    India zet wereldwijde rijstmarkt verder onder druk met flinke heffing
    De Indiase regering heeft extra beperkingen opgelegd op de export van rijst om de voedselzekerheid in eigen land te garanderen. Zo wordt er per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.  ( 3 min )
    NU+ | Uit nood in een dure bezemkast? Dit kun je doen aan hoge kamerhuur
    Aan het begin van het studiejaar wordt weer duidelijk dat ook de woningmarkt voor studenten krap is. Dat zorgt ervoor dat verhuurders soms hoge bedragen vragen voor een bescheiden kamer in een studentenstad. Maar dat hoef je niet zomaar te pikken.  ( 4 min )
  • Open

    Markets News, Aug. 23, 2023: Tech Stocks Boost Nasdaq, S&P 500 Ahead of Nvidia Earnings By Colin Laidley Updated Aug 23, 2023
    No content preview  ( 1 min )

  • Open

    Oil Industry Not Spending Enough To Balance Supply & Demand
    The oil and gas industry is spending significantly more on new supply in 2023, but analysts at WoodMackenzie think that it may still not be enough to meet future demand  ( 33 min )
    Consumers aren't even close to being tapped out. Here's why, and what that means for the stock market.
    No content preview
    These Are The 5 Best China Stocks To Buy And Watch Now
    No content preview
    Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
    (Bloomberg) -- Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s next steps.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtTesla Investors to Get $12,000 Each From Musk’s SEC DealFIFA Suspends Spanish Football Chief Over World Cup KissAfter 15 Years, a New Private Jet Is America’s Most PopularIt’s a scenario — evident in part through  ( 33 min )
    Slower US Job Growth to Support Fed Patience
    (Bloomberg) -- Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further tempering of inflation risks that reduces the urgency for another Federal Reserve interest-rate hike.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighFIFA Suspends Spanish Football Chief Over World Cup  ( 34 min )
    19 MEX centers, with Pilot branding, temporarily shut by operator bankruptcy
    Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express. The post 19 MEX centers, with Pilot branding, temporarily shut by operator bankruptcy appeared first on FreightWaves.  ( 32 min )
    Junkiest Debt Rallies as Investors Brush Off Fed
    (Bloomberg) -- Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank vows to keep rates high. Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtUS Marines Taken From Darwin Military Helicopter Crash: ReportsFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,000 Each From Musk’s SEC DealTotal returns from le  ( 33 min )
    BOJ's Ueda: Underlying inflation still a bit below target
    Underlying inflation in Japan remains "a bit below" the Bank of Japan's 2% target, BOJ Governor Kazuo Ueda said at a Federal Reserve research symposium on Saturday, and as a result the bank will maintain the current approach to monetary policy. "We think that underlying inflation is still a bit below our target," Ueda said.  ( 31 min )
    Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump
    No content preview
    Nvidia Plans to Buy Back Billions in Stock. Other Companies Could Join in Soon.
    Buybacks can often be a key ingredient to stock market returns for investors.  ( 26 min )
    The Stock Market Has Bounced, But Small-Caps Are Lagging. What That Means.
    Not everyone is getting in on the rally.  ( 26 min )
    Fed Latest: Bloated Government Indebtedness Seen as Here to Stay
    (Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve’s conference in Jackson Hole, Wyoming.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s Most Po  ( 42 min )
    FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
    The move gives the agency time to weigh a settlement that would allow the deal to close with conditions.  ( 25 min )
    No real fix to the sharp rise in public debt loads, economists say
    The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to battle the Global Financial Crisis and the fallout from the COVID-19 pandemic, is probably irreversible. That's the unhappy conclusion of a research paper being presented on Saturday to some of the world's most influential economic policymakers at the Kansas City Federal Reserve's annual central banking symposium in Jackson Hole, Wyoming. Since 2007, worldwide public debt has ballooned from 40% to 60% of GDP, on average, with debt-to-GDP ratios even higher in the advanced countries.  ( 31 min )
    Elon Musk's Tesla Cybertruck: 5 fast facts
    Tesla CEO Elon Musk took his Cybertruck production candidate for a spin at the company's gigafactory in Texas this week as the automaker gets ready to take on rivals GM and Ford.  ( 34 min )
    A 'valuation reset' hits the IPO market as Better stock crashes 90% after debut
    Better.com stock got hammered this week in its Nasdaq debut. Though its one-day drop was sharp, it is far from the only company to be judged so harshly by the market.  ( 34 min )
    China Remains Embedded in US Supply Chains: Jackson Hole Paper
    (Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve Bank of Kansas City’s annual Jackson Hole conference Saturday.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,  ( 30 min )
    How Much Money Will a $2 Million Annuity Get Me?
    No content preview
    Dow Jones Futures: Rally Attempt Still Fighting, What To Do Now; Tesla, Nvidia Lead Stocks To Watch
    No content preview
    If You Have This Much Money, You Don't Need an Annuity
    No content preview
    Most Americans don't understand this key metric when planning for retirement
    Just over a third (35%) of Americans knew the average lifespan of retirees, according to a recent report.  ( 34 min )
    From biotech booster to Republican contender: the rise of Vivek Ramaswamy
    Presidential candidate makes polling gains by capitalising on image as successful businessman  ( 6 min )
    ‘The Market Is Dead’: Ukraine’s Farmers Count the Cost of Grain Deal’s Collapse
    Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture industry.  ( 23 min )
    Looking For Winners As Market Pulls Back? Google Stock Leads 5 Near Buy Points.
    No content preview
    Remote workers are treating their jobs like gig-work, and it’s turning them into the most disconnected employees
    Remote workers are feeling disconnected. But that’s not enough to make them want to come back to the office  ( 31 min )
    Consumers Are Spending Like It’s 2019
    Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch.  ( 25 min )
    Struggling 10-Year U.S. Treasury Note Flirts With Troubling Milestone
    The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 20 min )
    Tech war: Biden's decree zaps lucrative investments in China's chip and AI sectors
    No content preview
    Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
    Questions persist regarding artificial-intelligence demand and geopolitics.  ( 27 min )
    China’s Economy Is Worse Now Than in the 1970s, This Analyst Says
    Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.  ( 26 min )
    10 Key Lessons About Life and Money That I Learned the Hard Way
    Personal finance author Jonathan Clements says the best way to buy happiness is to sit on a pile of savings and enjoy the resulting peace of mind.  ( 27 min )
    US stocks close higher as traders brush off Powell's warnings of more potential rate hikes
    No content preview
    Despite What Powell Says, the Fed Is Likely Done
    The Federal Reserve chief left the central bank’s options open, in part to prevent investors from asking the next question: When will the Fed cut?  ( 27 min )
    Are We Ready for a $100 Billion Catastrophe? How About $200 Billion?
    Insurance companies are struggling to keep up with economic growth, population shifts, inflation trends and the most unpredictable variable of all: the rising prevelance of natural disasters—big and small.  ( 27 min )
    Wall Street's top strategists say this year's stock market rally is probably over
    No content preview
    ETF Fund Flows as of August 24, 2023
    No content preview
    The average homebuyer lost $71,000 in purchasing power over the last year as mortgage rates refuse to ease
    No content preview
    The stock market will continue higher until these 2 things happen, Bank of America says
    No content preview
    Who Wins When a Bank Fails? Wine Guy Frank Martell
    His company scooped up wine that the government seized when it took over Silicon Valley Bank and First Republic.  ( 26 min )
    Fears of a stock market crash among investors are the highest since the start of the pandemic, Yale gauge shows
    No content preview
    Inflation Is Still Too High, Powell Warns
    Federal Reserve Chair Jay Powell made it clear Friday that the central bank’s battle against inflation is not over and warned that additional interest rate hikes could be on the horizon, if conditions warrant. “Although inflation has moved down from its peak—a welcome development—it remains too high,” he said in remarks delivered at the annual Fed meeting in Jackson Hole, Wyoming. “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we ar  ( 31 min )
    Oil M&A Has Surged. But the Game Has Changed.
    The era of giant acquisitions at big premiums is over for now. The oil giants are seeking smaller acquisitions at tighter premiums.  ( 27 min )
    Top economist Steve Hanke says stocks look expensive – and a recession is 'right around the corner'
    No content preview
    House prices won't fall – and could soar 15% when mortgage rates drop, says 'Shark Tank' investor Barbara Corcoran
    No content preview
    China’s Market Rescue Is Failing as Xi Holds Back on Stimulus
    (Bloomberg) -- China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationAfter 15 Years, a New Priv  ( 32 min )
    Nvidia Beats Big, and Powell Doesn’t Rock the Boat. Why That’s Ominous for Stocks.
    Investors wanted Nvidia to keep AI mania going and the Fed to stick to the script. But all that wasn’t enough to drive correction fears away.  ( 27 min )
  • Open

    What Are the Components of Shareholders' Equity?
    Shareholders' equity is a crucial number used to assess a company's real value. Here are its components.  ( 21 min )
    Open Cover: Meaning, Overview, Requirements
    Open cover is a type of marine insurance policy in which the insurer agrees to provide coverage for all cargo shipped during the policy period.  ( 19 min )
    The Main Competitors of Chipotle
    Chipotle Mexican Grill faces five main rivals. Read on to find out about more places like Chipotle.  ( 21 min )
    A Fundamental Analysis of Amazon and eBay
    An investing comparison of e-commerce marketplaces Amazon and eBay using revenue, profitability, valuation metrics, and active user base.  ( 22 min )
    Bornhuetter-Ferguson Technique: Overview, Calculations
    The Bornhuetter-Ferguson technique is a method for calculating an estimate of an insurance company’s losses.  ( 19 min )
    AI Revolution Likely Won't Take Jobs but Could Keep Interest Rates High
    A report from Wells Fargo details how spending on AI could boost productivity, economic growth and interest rates, while concerns over job losses could be overstated.  ( 18 min )
    Pay-Per-Mile Car Insurance Defined
    Pay-per-mile car insurance sets premiums based on how much you drive each month. It can be an economical alternative for certain kinds of drivers.  ( 18 min )
    Bond Ratings AA+ vs. Aa1: What's the Difference?
    AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.  ( 24 min )
    Act of God Bond
    An act of God bond is an insurance-linked bond that establishes a reserve to pay claims for unforeseen catastrophes.  ( 19 min )
    How Much Does Health Insurance Cost?
    Health insurance premiums vary wildly across the U.S. according to where you live and work, how old you are, your income, and more.  ( 28 min )
    Rating: Definition in Finance, How It Works, Types, Agencies
    A rating is an assessment tool assigned by an analyst or rating agency to a stock or bond indicating its potential for opportunity or safety.  ( 22 min )
    Wage Gaps by Race
    Though countless companies claim to be championing equal opportunities within the workforce, many have yet to see this reflected in their paychecks.  ( 26 min )
    Top 6 Oil-Producing States
    Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.  ( 27 min )
    Sovereign Credit Rating: Definition, How They Work, and Agencies
    A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might be.  ( 21 min )
    How to Open an Online Brokerage Account
    Opening a brokerage account can be a confusing experience. Follow these steps to easily get through the process.  ( 26 min )
    Are Monopolies Always Bad?
    Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 21 min )
    Single-Family Zoning
    Single-family zoning, which restricts the kind of residential housing that can be built on a property, has been central to cementing segregation in many American cities.  ( 26 min )
    Minimum-Interest Rules: Definition, How It Works, and Example
    When two parties engage in a loan transaction, minimum-interest rules can mandate that an interest rate that's not too low be charged, even in family deals.  ( 22 min )
    Earnings Beat of the Week: Abercrombie & Fitch Shares Soar as EPS Tops Forecasts
    Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 18 min )
    Struggling 10-Year U.S. Treasury Note Flirts With Troubling Milestone
    The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 19 min )
  • Open

    NU+ | Wat gaan wij merken van de Europese wet voor grote techbedrijven?
    Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )
    NU+ | Europese techwet is deze week ingegaan, dit moet je weten
    Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )
    India legt extra exportbeperkingen op om rijst in eigen land te houden
    De Indiase regering heeft extra beperkingen op de export van rijst opgelegd om de voedselzekerheid in eigen land te garanderen. Zo wordt per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.  ( 3 min )
    NU+ | België 'dwingt' banken rente te verhogen: waarom doet Nederland dat niet?
    De Belgische staat geeft een zogeheten staatsbon uit met een hoog rendement. Iedereen kan zo'n bon kopen, waardoor de Belgische banken onder druk staan om hun spaarrentes te verhogen. En het werkt. Toch wil Nederland er niet aan.  ( 4 min )
    Dure benzine 'rampzalig' voor pomphouder en winkelier in de grensstreek
    Als het demissionaire kabinet de brandstofprijzen voor auto's in januari opnieuw laat stijgen zou dat voor zowel Nederlandse pomphouders in de grensstreek, als ook voor winkeliers en supermarkten "rampzalig" zijn. Daarvoor waarschuwt Ewout Klok, voorzitter van Belangenvereniging Tankstations (BETA).  ( 4 min )
    BP-topman: 'Vraag naar olie en gas houdt nog tientallen jaren aan'
    De wereldwijde vraag naar olie en gas houdt nog vele decennia aan, voorziet Bernard Looney, topman van het Britse energieconcern BP. Daarom moet er volgens hem blijvend worden geïnvesteerd in zowel de huidige energiesystemen als de energietransitie.  ( 3 min )
    Fransen vernietigen voor tientallen miljoenen aan wijn: smaak is veranderd
    Frankrijk zit met overtollige wijn in de maag. Het overschot is het afgelopen jaar flink gegroeid, waardoor meer wijn moet worden vernietigd. Het Franse ministerie van Landbouw maakt daarom tientallen miljoenen meer vrij voor de vernietiging hiervan.  ( 3 min )
    NU+ | Onze steden worden warmer, maar meer groen kan verkoeling brengen
    Door klimaatverandering wordt hitte in steden en dorpen een steeds groter probleem. Is daar wat aan te doen? Jazeker: tegels eruit, groen erin. Maar het zijn vooral hoge bomen die verschil maken - en die groeien niet in een dag.  ( 5 min )
    Ruim 120.000 ouders vragen in eerste jaar betaald ouderschapsverlof aan
    Zo'n 124.000 ouders hebben in het eerste jaar gebruikgemaakt van de nieuwe ouderschapsverlofregeling, meldt Het Parool op basis van UWV-cijfers. Het betaald ouderschapsverlof werd onder meer ingesteld om de gelijkheid tussen man en vrouw te bevorderen.  ( 3 min )
  • Open

    Earnings Beat of the Week: Abercrombie & Fitch Shares Soar as EPS Tops Forecasts
    Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 1 min )

  • Open

    US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn't become unstable
    No content preview
    The housing market will be stuck in a rut for a long time even if the US avoids a recession, Fannie Mae says
    The rate on the 30-year fixed mortgage rose to 7.48% in the last week, deepening affordability issues faced by prospective home buyers.  ( 33 min )
    The housing market has gotten so unaffordable that Zillow is now offering prospective homebuyers a 1% down payment option
    The average 30-year fixed mortgage rate is now above 7%, which has tacked on an extra $1,000 in monthly mortgage payments for the median US home.  ( 32 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )
    SharkNinja Reinvented the Ice Cream Maker. Its Stock Is a Buy.
    The company has been a consistent and successful innovator in small appliances, an industry that has been marked by slow growth and few exciting new products.  ( 26 min )
    Cathie Wood Snaps Up Shares Of Zoom Video Communications Inc., Others
    In a show of confidence for video-conferencing giant Zoom Video Communications Inc., prominent investor Cathie Wood expanded her stake in the company. The move came as a response to Zoom’s stock decline following the release of its latest earnings. Don’t Miss: Online brokerages make ungodly amounts by selling your data. What trading platform doesn't sell your data to market makers? This one. Discover Johnny Depp's hidden talent that earned him $3.6 million in just a few hours and learn how you c  ( 32 min )
    Top economist Steve Hanke says stocks look expensive – and a recession is 'right around the corner'
    No content preview
    Historically stormy month of September may test US stock rally
    U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting and worries over a possible government shutdown during a month of historically muted equity performance. In Septembers since 1945, the S&P 500 has declined an average of 0.7%, the worst performance of any month, according to CFRA. The S&P 500, which is up nearly 15% this year, has retreated more than 4% from its July 31 high as investors reacted to weakness in China's economy and a surge in Treasury yields that threatens to make equities less attractive.  ( 32 min )
    SpaceX lawsuit could be key test of US policy on bias against refugees
    A new lawsuit accusing SpaceX of illegally refusing to hire asylum recipients and refugees could be an important test of the U.S. government's stance that national security concerns do not allow companies to discriminate against non-citizens. Elon Musk, CEO of the rocket and satellite company, said in response to the U.S. Department of Justice (DOJ) lawsuit filed on Thursday that hiring anyone besides U.S. citizens and green card holders would violate weapons trafficking laws. His post on the messaging platform X, formerly known as Twitter, appears to conflict with specific guidance issued by the DOJ in April, which warned employers that invoking efforts to comply with export control laws would not excuse them from a law banning discrimination based on citizenship status.  ( 31 min )
    Databricks Is in Talks to Raise Funds at a $43 Billion Valuation
    (Bloomberg) -- Databricks Inc., the closely held software maker widely viewed as a candidate to go public, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, two people familiar with the matter said.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtUS Marines Taken From Darwin Military Helicopter Crash: ReportsFIFA Suspends Spanish Footb  ( 31 min )
    Top CD Rates Today: Seven CDs Join The 5.50% Club, Including a New 5.75% Option
    Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 21 min )
    Rite Aid prepares bankruptcy filing, store closures amid opioid lawsuits
    Rite Aid is reportedly preparing to file for bankruptcy as opioid litigation hangs over the pharmacy chain.  ( 32 min )
    Cryptocurrency Prices And News: Treasury Department Proposes New Crypto Tax Rules
    No content preview
    Dow Jones Rallies After Digesting Powell's Remarks; Tesla Rises On Multibillion Dollar Potential: Analyst Views
    No content preview
    Stock Rally Has a Ways to Go Before Americans Feel Rich Again
    (Bloomberg) -- Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s shellacking, the road back is longer than they realize.Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Pos  ( 33 min )
    'Big Short' Investor Michael Burry Bets $1.6 Billion On A Market Crash — Here Are 3 Investment Opportunities If You Want To Stay Away From Stocks
    Michael Burry has always been one to challenge mainstream thinking. The renowned hedge fund manager successfully wagered against the U.S. housing bubble in 2008, a gutsy call that became the focal point of the film “The Big Short.” Now, he’s betting against the U.S. stock market. In its latest 13F filing with the Securities and Exchange Commission, Burry’s firm Scion Asset Management disclosed a substantial amount of put options against exchange-traded funds (ETFs) that track major U.S. stock ma  ( 33 min )
    High Earners 50 and Up Get Two-Year Reprieve From IRS on 401(k) Rule
    Roth-style catch-up contributions now won’t be mandated until 2026, not 2024.  ( 26 min )
    Blackstone Sells 22% Stake in Bellagio to Realty Income
    No content preview
    How Novo Nordisk, A Top 1% Stock, Just Hit Another Bull's-eye In Obesity Treatment
    No content preview
    Stocks gain after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    Cleveland-Cliffs Closes In on U.S. Steel
    United States Steel now has one apparent bidder, and Cleveland-Cliffs is backed by the workers’ union.  ( 26 min )
    Two economists from different camps see peril in Fed Chair Jerome Powell’s comments on inflation and interest rates from Jackson Hole
    The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.  ( 33 min )
    Boeing supplier starts St. Louis layoffs, but union leader doubts facility will close next year
    A supplier on Friday laid off at least 35 employees who make fighter jet parts for The Boeing Co.  ( 12 min )
    Blood In The Streets? 3 REITs With 8% to 10% Dividend Yields
    Baron Rothschild, an 18th-century English nobleman, has been credited with the famous saying, “The time to buy is when there’s blood in the streets.” Rothschild used that idea to build his fortune, and many other famous investors have done the same over the last three centuries. But it’s never easy to follow Rothschild’s advice. Most investors become fearful when stocks experience major declines, as the common psychological tendency is to believe that the future will be a continuation of the rec  ( 35 min )
    Snowflake Brakes Its Pattern Of Outlook Cuts With The Power Of AI
    On Wednesday, Snowflake Inc (NYSE: SNOW) topped analysts' expectations with its latest quarterly revenue and earnings. The cloud data analytics company saw its shares rise 3% upon the report whose results boosted by rising data management and storage needs of businesses amid the generative AI hype. During the reported quarter, Snowlake revealed it has partnered with Nvidia (NASDAQ: NVDA) who smashed estimates with its monster quarter this week. Together, they will be empowering enterprises to bu  ( 32 min )
    Exclusive-Twinkies maker Hostess Brands explores sale amid takeover interest -sources
    Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday. Prior to the news of the company exploring a sale, its shares were down 1% year-to-date, versus a 29% rise in the Nasdaq Composite Index. General Mills Inc, Mondelez International Inc, PepsiCo Inc and Hershey Co are among the companies that have shown an interest in acquiring Hostess, the sources said.  ( 31 min )
    Nvidia's Earnings Didn't Trigger the Stock-Market Fireworks Many Expected
    Well, that wasn't as exciting as some had hoped. Options traders were betting on a move of around 11% following the company's earnings (after the release, through Friday). Nvidia shares barely budged yesterday and  ( 22 min )
    'Mind-blowing' US debt binge amid high interest rates is threatening financial stability, Larry McDonald says
    No content preview
    Rite Aid Stock Plummets After Bankruptcy Report
    Shares of Rite Aid plunged by about 50% after The Wall Street Journal reported the drugstore chain is preparing to file for chapter 11 bankruptcy in the coming weeks. The bankruptcy is to address the federal and state lawsuits the drugstore chain is facing over its alleged role in the sale of opioi  ( 22 min )
    New Albany Co. reveals more details about proposed Intel gateway project in Johnstown
    The district, proposed by the New Albany Co., would be broken into five subareas containing a variety of different uses the developer believes will generate substantial economic benefits for Johnstown and the broader region.  ( 12 min )
    AMC’s Stock Conversion Is Over But Strategists Predict More Dilution
    (Bloomberg) -- AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant I  ( 32 min )
    Analyst Report: GE HealthCare Technologies Inc
    No content preview
    Analyst Report: Generac Holdings Inc
    No content preview
    Market Update: WSM, AZN, GNRC, GEHC
    No content preview
    Analyst Report: Williams-Sonoma, Inc.
    No content preview
    Shares of Better.com — whose CEO fired 900 workers on a Zoom call — slumped 95% on their first day of trade
    Better.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.  ( 31 min )
    JEPI: Using 10% Dividend Yield to Pay Off Your Mortgage
    For many Americans, paying the mortgage bill is by far the largest expense they deal with each month. While home prices and other factors (like property taxes) vary widely from state to state, the National Association of Realtors reports that the average monthly mortgage payment for a 30-year fixed mortgage in the United States is now a hefty $2,317. However, what if you could pay for this large, recurring monthly expense with passive, recurring monthly income from your investment portfolio? One  ( 34 min )
    Rite Aid Prepares Bankruptcy That Would Halt Opioid Lawsuits
    Rite Aid is preparing to file for bankruptcy in coming weeks to address mass lawsuits over the drugstore chain’s alleged role in the sale of opioids, according to people familiar with the company’s plans.  ( 29 min )
    3M Has Legal Problems. A Small One Just Got Resolved.
    The Securities and Exchange Commission announced it charged 3M with violations of the Foreign Corrupt Practices Act relating to the company's China subsidiary.  ( 27 min )
    Stocks find positive footing after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    BofA sees "trouble" ahead for tech stocks despite big inflows
    Strategists at BofA Global Research see second-half "trouble" for technology stocks even as the sector took in its largest inflow in 10 weeks, the firm said in a note on Friday. The tech-heavy Nasdaq Composite has gained 28% this year, fueled by megacap stocks and excitement over the business potential of artificial intelligence. BofA pointed to the correlation between a surge in central bank liquidity and the Nasdaq over the past 15 years.  ( 31 min )
    Private equity firm Veritas makes a takeover offer for BlackBerry - source
    Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter. U.S-listed shares of BlackBerry rose about 17%. Details of the offer could not be learned.  ( 31 min )
    Bezos-Backed Company Surpasses $100M In Single-Family Home Acquisitions While U.S. Housing Shortage Worsens
    Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 31 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
    No content preview
    Are ‘Locusts and Boils’ Next for Boeing? Buy the Stock Anyway.
    Seaport analyst Richard Safran made the biblical reference in a Friday research report following news of another problem with the 737.  ( 26 min )
    Large US homebuilders raise prices as existing home supply remains tight
    Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with the S&P Composite 1500 Homebuilding Sub Index up 41.90% so far this year.  ( 31 min )
    Blackstone’s Bellagio Deal Values Luxury Hotel at $5 Billion
    (Bloomberg) -- Blackstone Inc. is selling a piece of the Las Vegas hotel Bellagio, a move that will generate cash for investors in a $67 billion property fund for wealthy individuals.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe Charge  ( 32 min )
    J&J’s Kenvue Exchange Offer Was a Big Win for the Little Guy
    Small investors earned a nice payday of more than $1,000 if they tendered 99 shares of stock in the swap, which expired last week.  ( 26 min )
    Heineken sells its entire Russia business for less than the price of a single beer
    It’s a $324 million loss for the company.  ( 32 min )
    UAW votes overwhelmingly to authorize strike at Detroit Three automakers
    General Motors, Ford Motor and Stellantis - made little progress in their talks for a new labor deal. Fain, who presides over the union that represents about 150,000 workers at the automakers, said 97% of voting members approved the strike authorization, which is seen as a leverage to enhance pay talks.  ( 31 min )
    VinFast Soars, Making It Second-Most Valuable Auto Stock. It Should Do This.
    All the statistics about the electric-vehicle maker and trading in the stock are amazing. Tesla is the only car company with a higher market capitalization.  ( 27 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares fell after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 18 min )
    Stocks retreat after Powell delivers cautious message: Stock market news today
    Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )
    Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter
    No content preview
    GE Shakes Up Management Ahead of Renewable Energy Spinoff
    Ken Parks becomes CFO at GE Vernova, the company's power-generation business. Vic Abate will lead its wind arm.  ( 27 min )
    Tesla Is More Than Just a Car Company, for This Bullish Analyst.
    Tesla isn't breaking apart, but things are happening which investors need to consider to avoid missing out on a valuation trend.  ( 27 min )
    Affirm Stock Soars After Shrugging Off Consumer Fears. Why Analysts Are Split.
    Affirm stock was rising on Friday as shareholders welcomed its revenue growth. Analysts are split on how it can deal with economic headwinds.  ( 27 min )
    AUD/USD Weekly Forecast – Australian Dollar Continues to Test Support
    The Aussie dollar initially tried to rally during the trading week, but at this point in time it looks like we are struggling.  ( 32 min )
    Key Takeaways From Fed Chair Jerome Powell’s Jackson Hole Speech
    (Bloomberg) -- Here are key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesPowell acknowledged the econo  ( 31 min )
    2 ‘Strong Buy’ Dividend Stocks With at Least 8% Dividend Yield
    While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been upward. However, JPMorgan’s global strategist, Dubravko Lakos, has recently sounded the alarm, pointing out several headwinds that are piling up, which he sees as placing a solid cap on market gains. First, Lakos points out that stock prices are high relative to earnings. Second, he adds that sentiment is too bullish, having reversed too sharply from last year’s bearish mo  ( 35 min )
    Hawaiian Electric Stock Tumbles After Lawsuit, Ratings Downgrade
    The pressure keeps building on Hawaiian Electric Industries (HE). The utility’s stock tumbled nearly 18% in early trading Friday, as investors contended with a barrage of new developments late Thursday: Maui County [sued the firm](https://www.wsj.com/  ( 23 min )
    A $200,000 Annuity Can Score You This Much Cash
    No content preview
    Hawaiian Electric Plunges on Dividend Halt, Credit Drawdown
    (Bloomberg) -- Hawaiian Electric Industries Inc. slumped to the lowest since 1984 after the company said it will draw down on credit lines and suspend its dividend to preserve cash in the wake of deadly wildfires on Maui. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops  ( 31 min )
    Do I Have to Pay Taxes on a Trust Inheritance?
    No content preview
    Domo Plummets 39% as Cloud Company Slashes Guidance and Stock Is Downgraded
    Analysts at TD Cowen cut their recommendation on the stock to Market Perform from Outperform.  ( 26 min )
    Stocks drift higher ahead of Powell speech: Stock market news today
    Stock opened higher Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )
    Nvidia Market Reaction Shows US Rally Is Over, Morgan Stanley’s Wilson Says
    (Bloomberg) -- The drop in US stocks on Thursday despite a bumper report from Nvidia Corp. shows the rally this year is “exhausted” and portends more declines to come, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Returns to Musk’s X With Post of Georgia Mug ShotTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yi  ( 31 min )
    Rate hike odds build as Fed's Powell gets set to speak
    Interest rate futures tied to the Fed policy rate have shifted notably over the last few weeks, the CME Group's FedWatch tool shows, and now reflect about 50/50 odds of a quarter-percentage point increase to a range of 5.50% to 5.75% at either the Oct. 31-Nov. 1 meeting or the final meeting of the year on Dec. 12-13. Powell is set to deliver the keynote speech on Friday morning at the annual economic symposium hosted by the Federal Reserve Bank of Kansas City held in Jackson Hole, Wyoming. Powell has often come to Jackson Hole with a mission, but with markets now generally aligned with the Fed's outlook for an extended period of tight credit to bring inflation to heel, he may opt for a message that looks to avoid trouble.  ( 30 min )
    Every State That Doesn't Tax Retirement Income
    States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don't levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.  ( 32 min )
    Schwab: Is Now the Right Time to Get an Annuity?
    If you're looking for ways to generate more retirement income, now may be the perfect time to consider an annuity. Payout rates for guaranteed lifetime annuities are currently at their highest levels in over a decade, according to Schwab. While … Continue reading → The post Why Schwab Says Now Is the Right Time to Consider an Annuity appeared first on SmartAsset Blog.  ( 32 min )
    Donald Trump Booked, Returns To X With Mug Shot, Sinks DWAC Stock
    No content preview
    Realty Income to invest about $950 million in Bellagio Las Vegas
    Realty Income, which owns more than 13,000 properties in the U.S. and Europe, is paying $300 million for the 22% stake in the casino and resort, the report said. Realty Income is also investing in a $650 million preferred equity stake in the property, according to the WSJ report. A spokesperson for BREIT, Blackstone's real estate investing arm, and MGM did not immediately respond to a Reuters request for comment.  ( 31 min )
    Vishal Garg, the CEO who mass-sacked employees over Zoom, suffers epic SPAC disaster as Better.com shares nose-dive over 90%
    “We’re building long-term value for shareholders,” finance chief Kevin Ryan said after Thursday's bloodbath. “This is just the beginning.”  ( 32 min )
    JetBlue Plans to Hike Spirit Fares by up to 40%, Court Error Reveals. It’s a Blow to the Merger’s Chances.
    The merger between the airlines is being contested by the Justice Department, which is suing to block the $3.8 billion deal.  ( 27 min )
    Stock futures drift higher ahead of Powell speech: Stock market news today
    Stock futures were little-changed early Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )
    What's an Actually Realistic Retirement Rate of Return?
    Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.  ( 36 min )
    Is Nvidia The 'New Tesla?' How High The Stock Can Go: Analysts
    No content preview
    Hawaiian Electric Suspends Dividend. Stock Drops on Legal, Cash Flow Troubles.
    The embattled utility provider ensnared in the fallout of the Maui wildfire tragedy has cut its dividend as it faces a major new lawsuit.  ( 27 min )
    Daily – Vickers Top Buyers & Sellers for 08/25/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/25/2023
    No content preview
    AstraZeneca sues US over Medicare drug price negotiation plans
    British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices. The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act (IRA). The program faces several other court challenges, including from leading industry groups and other drug companies.  ( 31 min )
    Daily Spotlight: Volatility Index Trending Higher
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Market Digest: BSX, PARA, ROK, MDLZ
    No content preview
    Analyst Report: Mondelez International Inc.
    No content preview
    Bond Market Losses Are Finally Over, Unless Yields Blow Past 6%
    (Bloomberg) -- As brutal as it’s been for US bond investors, the math is finally turning in their favor. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapThe recent round of selling has left the Bloomberg USAgg Index’s yield-  ( 31 min )
    Nvidia hype is fueling fresh FOMO: Morning Brief
    Investors continue to warm up to the market despite a host of macroeconomic concerns.  ( 32 min )
    Rolex Seller Sheds $600 Million as Watchmaker Buys Retailer
    (Bloomberg) -- The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, Ask Official  ( 32 min )
    Paying Extra for Medicare? See If You’re Due a Refund
    The Medicare surcharge known as Irmaa can be a tough pill to swallow. But here’s a little-known workaround: Older Americans who have been hit by the added cost have a chance to appeal.  ( 25 min )
    These Stocks Are Moving the Most Today: Affirm, Marvell, Hawaiian Electric, AMC, Intuit, and More
    Affirm's fiscal fourth-quarter revenue of $446 million beats analysts' estimates, Marvell Technology falls after the chip maker issues an in-line outlook for the third quarter, and Hawaiian Electric tumbles after suspending its dividend.  ( 27 min )
    Nvidia Earnings Were a Big Deal. Just Not for the Reason Everyone Thinks.
    There is little precedent for a chip maker as large as Nvidia to double its revenue—to $13.5 billion—in one year.  ( 27 min )
    China Eases Home Purchase Rules in New Push to Boost Economy
    (Bloomberg) -- China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak at BRICS Summit, Ask Officials to Resolve Border Dispute QuicklyTh  ( 30 min )
    China Regulator to Meet Global Investors to Shore Up Market
    (Bloomberg) -- China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers, its latest attempt to shore up confidence after a record stretch of outflows by foreign funds.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak  ( 31 min )
    Stocks Struggle in Cautious Trading Before Powell: Markets Wrap
    (Bloomberg) -- European stocks and US futures struggled for direction as a cautious tone dominated markets before a speech from Federal Reserve Chairman Jerome Powell that will be studied for clues on the interest-rate outlook.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi  ( 34 min )
    Dollar Has Potential to Firm Against Euro in 3Q
    The dollar has scope to strengthen against the euro in the current quarter, driven by growth divergence between the U.S. and the eurozone economies, SEB said.  ( 24 min )
    Fund Cuts Stake in EV Player, Doubles Down on 3 More
    Calstrs, the second-largest U.S. pension, bought Rivian, Nikola, and Lucid Group shares, and sold Workhorse stock in the second quarter.  ( 26 min )
    Stocks swoon, dollar firms as Powell speech looms
    Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole. The tech-centric Nasdaq slumped 1.87% on Thursday to lead losses of more than 1% across Wall Street's three major indexes, and futures indicated some further weakness at the reopen.  ( 33 min )
    As Fed registers gains, Powell may take a lay low approach
    The unemployment rate is a low 3.5%. The U.S. economy has avoided a threatened banking crisis and financial markets have not only aligned with the Federal Reserve's tight-credit policies but of late even helped the process by bidding up market interest rates. When Federal Reserve Chair Jerome Powell delivers a keynote speech at a central bank research symposium hosted by the Kansas City Fed here on Friday, that copacetic backdrop may inspire a message shaped mostly to avoid trouble.  ( 32 min )
    Analysis-Nvidia's $25 billion buyback 'a head-scratcher' for some shareholders
    Nvidia's move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. Nvidia shares, which had run up in the days leading up to its report, climbed more than 6% on Thursday but pared gains to end the day little changed.  ( 33 min )
    AMC Stock Conversion to Happen Today. What to Expect.
    Every one APE unit a trader has will convert to 1/10 of one share of AMC on Friday.  ( 26 min )
    The 2023 stock market rally is over as the Fed isn't easing anytime soon and a hard landing of the economy is inevitable, JPMorgan's chief stock strategist says
    No content preview
    VinFast, Arm and Other Index Orphans Miss Out on Billions From Passive Investors
    VinFast, the Vietnamese electric-vehicle maker, and Arm, a British chip designer, are caught in a weird limbo thanks to their decisions on where to list their shares.  ( 26 min )
    Bitcoin back down to US$26,000 as investors await US Fed chair speech
    Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.  ( 32 min )
    Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible
    No content preview
    Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect
    (Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayWagner Chief Prigozhin Listed Aboard Crashe  ( 31 min )
  • Open

    Industry Group Definition, List, Differences With a Market Sector
    An industry group is a classification method for companies based on common lines of business.  ( 19 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )
    Top CD Rates Today: Seven CDs Join The 5.50% Club, Including a New 5.75% Option
    Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 19 min )
    Basecoin: What it is, Concerns, Regulation
    Basecoin, also known as Basis, was a cryptocurrency whose protocol was designed to keep its price stable.  ( 20 min )
    S&P 500 Gains and Losses Today: Index Advances, Shaking Off Rate Hike Concerns
    The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.  ( 16 min )
    G5 Emerging Nations: History and Members
    The Group of Five (G5) historically referred to a group of emerging economies that includes Brazil, China, India, Mexico, and South Africa.  ( 21 min )
    What Is an International Fund?
    An international fund is a fund that can invest in companies located anywhere outside of its investors' country of residence.  ( 20 min )
    Who Is Christine Lagarde? What Is Her Role at the European Central Bank?
    Christine Lagarde is a French lawyer and the president of the European Central Bank.  ( 23 min )
    Are You as Frugal as Warren Buffett?
    Warren Buffett’s house in Omaha is an example of the billionaire’s famous frugality. Discover the secrets that helped the Oracle of Omaha amass wealth.  ( 28 min )
    Mercedes-Benz Group AG: Sales and Suppliers
    German based Mercedes-Benz Group AG is a luxury vehicle company with global production and sales facilities worldwide.  ( 20 min )
    US Companies Do Greenhouse Gas Damage Equal To 18.5% Of Profits, Study Shows
    For every dollar that U.S. companies make in profits, greenhouse gas emissions cause 18.5 cents worth of damage, according to an analysis.  ( 18 min )
    How does a high discount rate affect the economy?
    A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered contractionary monetary policy.  ( 17 min )
    Affirm Shares Soar on Higher-Than-Expected Forecast as Delinquencies Decline
    Shares of buy now, pay later provider Affirm surged after it gave a higher-than-expected forecast as revenue rose and delinquencies declined.  ( 17 min )
    150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
    Workers at the automotive Big Three have voted to authorize a strike when contracts expire on Sept. 14, bringing the nation one step closer to a major labor stoppage costing billions as workers fight for increased pay, retirement pensions, and better benefits.  ( 17 min )
    Index of Economic Freedom: What It Is and How It's Used
    An index of economic freedom ranks jurisdictions based on the degree of economic freedom their residents enjoy.  ( 22 min )
    What Is a Credit Facility, and How Does It Work?
    A credit facility is a type of loan made in a business or corporate finance context, such as revolving credit, term loans, and committed facilities.  ( 28 min )
    Pending Home Sales Stabilize But Still Hover Near Pandemic Low
    Year-over-year pending sales dropping 15.7%, the smallest annual decline since last summer  ( 18 min )
    Payment Protection Plans: How They Work, and Are They Worth It?
    Credit card issuers and other lenders often offer these plans to pay your bill if you lost your job, become disabled, or die. Here is how they work—and some alternatives.  ( 22 min )
    Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges
    U.S. bank Wells Fargo has agreed to pay $35 million to the SEC to settle a long-running allegation of overcharging advisory fees.  ( 17 min )
    Business Guarantee: What It Means & How It Works for Credit Cards
    A business guarantee is a credit card agreement making any charges the sole responsibility of the business rather than individual business owners or employees.  ( 23 min )
    Floor Limit on Credit Cards: Definition, How it Works, Examples
    A floor limit—also known as a "credit floor"—is the maximum charge that a person can make on a credit card without the merchant obtaining authorization from the card issuer.  ( 23 min )
    Corporate Credit Card: Definition, How It Works, Types & Benefits
    Corporate credit cards are credit cards issued to employees of established companies for use in charging authorized business expenses.  ( 23 min )
    Jackson Hole Economic Symposium: What Will The Fed Say?
    The Jackson Hole Economic Symposium, sponsored annually by the Federal Reserve Bank of Kansas City, has been held in Jackson Hole, Wyo., since 1981.  ( 21 min )
    Markets Waver After Fed Chair Powell Suggests the Fed Could Raise Rates Further
    U.S. equity markets wavered between gains and losses midday on Friday, Aug. 25, 2023, after Fed Chair Jerome Powell signaled that inflation remains too high and that the Fed could raise interest rates further to slow price growth.  ( 17 min )
    GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
    Thursday's proposed deal comes just one day after a chemical solvent leak at Lordstown, Ohio-based Ultium Cells. If ratified by the UAW, the deal would raise wages an average of 25%, though not to the same level as UAW workers who assemble engines and cars.  ( 17 min )
    Popular Mutual Funds in the Auto Industry
    Discover some of the mutual funds investors use to profit from gains in the automotive industry portion of the transportation sector.  ( 20 min )
    7 Alternatives to a Personal Loan
    Personal loans can provide access to funds you might need. However, not everyone can qualify for personal loans. Here some alternatives to a personal loan that might help you access the money you need for emergencies or other purposes.  ( 25 min )
    Signature Loan: Meaning, Overview, Examples
    A signature loan is a personal loan offered by banks and other finance companies that relies only on the borrower’s signature and promise to pay as collateral.  ( 22 min )
    The Fed is Keeping Its Options Open For More Rate Hikes, Powell Says
    If you were looking to Federal Reserve Chair Jerome Powell for clues about whether the Fed will raise rates again at future meetings, his most recent speech probably left you in the dark.  ( 18 min )
    Cash Advance: Definition, Types, and Impact on Credit Score
    A cash advance is a service provided by credit card issuers that allows cardholders to immediately withdraw a sum of cash, often at a high interest rate.  ( 26 min )
    How To Close a CD
    You can close a certificate of deposit (CD) when it reaches maturity. If you need to close a CD before maturity, you will likely face an early withdrawal penalty.  ( 23 min )
    Mortgage Rates Holding at Lower Level
    A day after falling from record heights reached earlier in the week, mortgage rates have mostly marched in place. Only one average showed notable movement.  ( 20 min )
    What Are the Basic Requirements to Qualify for a Payday Loan?
    Payday loans are designed to be quick and easy and generally have limited qualification requirements.  ( 25 min )
    Are Personal Loans Tax-Deductible?
    Find out whether interest on personal loans is tax-deductible and what types of loan interest can be used to reduce your taxable income.  ( 22 min )
    8 Cheaper Ways to Raise Cash Than Car Title Loans
    Before you sign up for a high interest car title loan, investigate these eight alternative cash-raising strategies.  ( 26 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares dropped after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 17 min )
    Managing Interest Rate Risk
    Interest rate risk is the risk that arises when the absolute level of interest rates fluctuate and directly affects the values of fixed-income securities.  ( 26 min )
    Collateralization: Definition, How It Works, Examples
    Collateralization is the use of a valuable asset to secure a loan against default. The collateral can be seized by the lender to offset any loss.  ( 21 min )
    8 Possible Risks of Unsecured Personal Loans
    If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.  ( 21 min )
    The Global Dow
    The Global Dow is an equal-weighted stock index consisting of the stocks of 150 top companies from around the world as selected by Dow Jones editors.  ( 21 min )
    Can Personal Loans Be Transferred to Another Person?
    Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 22 min )
    Car Title Loan Requirements
    Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.  ( 22 min )
    Title Loans vs. Payday Loans: What's the Difference?
    Both title loans and payday loans carry risks that outweigh the benefits, but a title loan uses your car as collateral, while a payday loan does not.  ( 24 min )
    One World, One Currency: Could It Work?
    A global currency could provide some benefits such as eliminating currency risk, but drawbacks would include the loss of using monetary policy to influence an economy. Learn more.  ( 23 min )
    Alibaba Rolls Out AI Models With Visual Localization Capabilities
    Alibaba ADRs ticked higher after the Chinese tech giant launched open-source AI models with visual localization capabilities that it says can answer more complex queries.  ( 17 min )
    18 Major Companies Tied to the Apple Supply Chain
    A look at some of Apple's top suppliers gives an understanding of how this growing company functions. By looking at the Apple supply-chain model, along with the benefits and challenges for each component, you can gain an understanding of large-scale, multinational production streams.  ( 24 min )
    Meta Releases AI Tool Fine-Tuned for Writing Computer Code
    Meta Platforms is taking another step forward in its development of artificial information tools with its release of a free chatbot designed to assist with writing computer code.  ( 17 min )
    5 Things to Know Before Markets Open
    Investors will be watching for signals of more interest rate hikes in comments from Federal Reserve Chair Jerome Powell and shares of chipmaker Marvell Technology fell amid concerns about its data center storage business. Here’s what investors need to know today.  ( 18 min )
    Emerging Market Fund: Meaning, Types, Examples
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 22 min )
    Middle-Income Countries (MICs): Characteristics and Significance
    Middle-income countries (MICs) is a part of the income categories that the World Bank uses to classify countries' economies for operational and analytical purposes.  ( 20 min )
    Thrift Institutions Advisory Council Definition
    The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.  ( 20 min )
    Credit Rating Agencies: Overview and History
    Three credit rating agencies have a long history in the U.S. Learn about what they do and how they developed.  ( 24 min )
    Blind Brokering Definition
    Blind brokering is when brokerage firms ensure anonymity to both the buyer and the seller in a transaction.  ( 18 min )
  • Open

    S&P 500 Gains and Losses Today: Index Advances, Shaking Off Rate Hike Concerns
    The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.  ( 1 min )
    Markets Waver After Fed Chair Powell Suggests the Fed Could Raise Rates Further
    U.S. equity markets wavered between gains and losses midday on Friday, Aug. 25, 2023, after Fed Chair Jerome Powell signaled that inflation remains too high and that the Fed could raise interest rates further to slow price growth.  ( 1 min )
    5 Things to Know Before Markets Open
    Investors will be watching for signals of more interest rate hikes in comments from Federal Reserve Chair Jerome Powell and shares of chipmaker Marvell Technology fell amid concerns about its data center storage business. Here’s what investors need to know today.  ( 1 min )
  • Open

    Duitsland vreest voor vertraging lng-terminal wegens verzet lokale overheden
    De Duitse autoriteiten zijn bang dat de installatie van een nieuwe grote drijvende terminal voor vloeibaar aardgas (lng) vertraging gaat oplopen. Door verzet van lokale overheden kan de terminal mogelijk niet deze winter in gebruik worden genomen.  ( 3 min )
    In 100 woorden | Waarom verhoogt de ECB de rente tijdens hoge inflatie?
    Een prominent lid van de Europese Centrale Bank hintte vrijdag op een nieuwe renteverhoging. NU.nl-lezers vroegen zich af: waarom gaat de rente omhoog terwijl we kampen met hoge inflatie?  ( 2 min )
    Big Bazar sluit winkel in Goes na achterstallige betalingen aan de verhuurder
    Big Bazar vertrekt uit Goes met betaalachterstanden aan de verhuurder van de locatie. De advocaat van het noodlijdende koopjesbedrijf zegt dat het een slechte locatie was en dat er al langer plannen waren om die winkel te sluiten.  ( 4 min )
    Schiphol wil investeren in vernieuwing van luchthaven en personeel
    Schiphol wil structureel meer geld uitgeven aan de kwaliteit van dienstverlening op de luchthaven. Dat geld gaat onder meer naar personeel, maar ook naar onderhoud en vernieuwing. Al deze kosten kunnen gevolgen hebben voor de prijzen van vliegtickets.  ( 4 min )
    Rechter stuurt aanvragers faillissement Big Bazar naar de wachtkamer
    Big Bazar krijgt van de rechter in Leeuwarden tijd om afspraken te maken met schuldeisers en om te reorganiseren. Daarvoor is een afkoelingsperiode afgekondigd. Verhuurders en leveranciers die het faillissement van de keten hebben aangevraagd, moeten daardoor geduld hebben.  ( 4 min )
    OnlyFans groeit explosief, bijna een kwart miljard mensen zijn al fan
    Internetplatform OnlyFans telde eind vorig jaar ruim 3,2 miljoen contentmakers. Dat is bijna een verdubbeling ten opzichte van 2021. Ook het aantal zogenoemde fans groeide hard. Bijna een kwart miljard mensen bekijkt de content van bijvoorbeeld sekswerkers, beroemdheden en artiesten.  ( 3 min )
    ANWB stopt ook met verzekeren Urban Arrow-bakfiets zonder tracker
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan voor een verzekering niet altijd meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad. Alleen bakfietsen die te volgen zijn met een tracker worden nog verzekerd.  ( 4 min )
    Facebook-moederbedrijf Meta maakt Threads bruikbaar in de internetbrowser
    Threads heeft vrijdag een webversie uitgebracht. Daarmee kan het nieuwe socialemediaplatform van Facebook-moederbedrijf Meta via een internetbrowser gebruikt worden. De berichtendienst is een nieuwe concurrent voor X (Twitter).  ( 3 min )
    Heineken vertrekt uit Rusland en verkoopt alle onderdelen in het land voor 1 euro
    Bierbrouwer Heineken heeft de verkoop van al zijn activiteiten in Rusland afgerond. Het Russische Arnest Group neemt alle aandelen over voor het bedrag van 1 euro. Onder de deal vallen onder meer zeven brouwerijen en 1800 medewerkers. Heineken verwacht dat het verlies als gevolg van de overname 300 miljoen euro zal bedragen.  ( 5 min )
    Schiphol verwerkt flink meer reizigers en spreekt van keerpunt
    Schiphol heeft in de eerste helft van dit jaar beduidend meer reizigers verwerkt dan in dezelfde periode vorig jaar. Daarbij bleef een chaos, zoals in 2022, achterwege. De luchthavenbeheerder spreekt daarom van een keerpunt.  ( 4 min )
    Prominent ECB-lid hint op nieuwe renteverhoging later dit jaar
    De Europese Centrale Bank verhoogt haar rente na de zomer mogelijk nog verder, in de strijd tegen de aanhoudende inflatie in Europa.  ( 3 min )
    SpaceX van Elon Musk aangeklaagd voor discriminatie bij sollicitaties
    Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.  ( 3 min )
  • Open

    150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
    Workers at the automotive Big Three have voted to authorize a strike when contracts expire on Sept. 14, bringing the nation one step closer to a major labor stoppage costing billions as workers fight for increased pay, retirement pensions, and better benefits.  ( 1 min )
    Affirm Shares Soar on Higher-Than-Expected Forecast as Delinquencies Decline
    Shares of buy now, pay later provider Affirm surged after it gave a higher-than-expected forecast as revenue rose and delinquencies declined.  ( 1 min )
    Wells Fargo Agrees to Pay $35M to SEC Over Excessive Customer Charges
    U.S. bank Wells Fargo has agreed to pay $35 million to the SEC to settle a long-running allegation of overcharging advisory fees.  ( 1 min )
    GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
    Thursday's proposed deal comes just one day after a chemical solvent leak at Lordstown, Ohio-based Ultium Cells. If ratified by the UAW, the deal would raise wages an average of 25%, though not to the same level as UAW workers who assemble engines and cars.  ( 1 min )
    Nordstrom Shares Tumble After Reporting Sales Drop and Record Theft
    Nordstrom shares dropped after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 1 min )
    Alibaba Rolls Out AI Models With Visual Localization Capabilities
    Alibaba ADRs ticked higher after the Chinese tech giant launched open-source AI models with visual localization capabilities that it says can answer more complex queries.  ( 1 min )
    Meta Releases AI Tool Fine-Tuned for Writing Computer Code
    Meta Platforms is taking another step forward in its development of artificial information tools with its release of a free chatbot designed to assist with writing computer code.  ( 1 min )

  • Open

    The last Nvidia bear on Wall Street throws in the towel and ditches 'sell' rating
    No content preview
    How the Hawaii Fires Ensnared the State’s Third-Largest Bank
    American Savings Bank, which Hawaiian Electric Industries bought in 1988, might be the holding company’s most valuable asset.  ( 27 min )
    How Vivek Ramaswamy, the surprise GOP debate star, made his fortune and triggered his critics
    He bills himself as an iconoclast ready to shake up the Republican Party after making millions trying to do the same in the biotech industry.  ( 33 min )
    Not everyone is hyping Nvidia earnings. Here's why one analyst says the chip maker is 'ridiculously' overvalued.
    No content preview
    Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal
    (Bloomberg) -- A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the car maker private at $420 a share — and then didn’t.Most Read from BloombergNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on Au  ( 32 min )
    Earn up to 5.85% With One of These 11 Top-Paying Jumbo CDs
    The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.  ( 19 min )
    Chipmaker Marvell Technology Narrowly Beats Estimates; Shares Fall
    No content preview
    Mullen CEO David Michery 'disappointed' with company's low stock price
    Michery added that he suspects “unlawful trading practices” in the electric vehicle manufacturer’s stock are one reason to blame.  ( 14 min )
    Affirm Stock Soars as Revenue Jumps. Credit Quality Is Holding Up.
    Investors have been bearish about the buy now,pay later company because its business model hasn't been tested in an environment like the current one.  ( 26 min )
    Workday Stock Surges As Earnings Top Views, Revenue Jumps 16%
    No content preview
    Eli Lilly Has A Big Stake In Weight Loss And Alzheimer's Drugs; But Is The Stock A Buy?
    No content preview
    Dow Jones Futures: Stakes Rise For Fed Chief Powell's Speech After Ugly Market Reversal
    No content preview
    6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?
    The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.  ( 33 min )
    Is Novavax Stock A Buy Or A Sell As Covid Hospitalizations Rise?
    No content preview
    Marvell Technology Reports Solid Earnings. Investors Seem Disappointed.
    Management said it expects sequential growth in revenue to speed up in the third quarter, but the stock fell in after-hours trading.  ( 26 min )
    Nordstrom stock jumps 6% after the retailer beats on sales, profits
    No content preview
    The Germans Are Coming. Aldi's Purchase of Winn-Dixie and Harveys Was Purely About Grabbing Market Share In The Southeast US
    American consumers noticing an increasingly German flavor, sometimes literally, in their grocery shopping, are not imagining things. Discount grocer Aldi's recent announcement that it will acquire 400 Winn-Dixie and Harveys Supermarkets in the Southeast will instantly increase its growing market share, adding to German investors' influence on U.S. grocery shopping choices. The move will expand Aldi's presence in Florida, Alabama, Georgia, Louisiana and Mississippi, with the grocer expected to en  ( 31 min )
    A 40% rout in Apple bonds is signaling trouble for bank balance sheets with big debt holdings, markets guru Larry McDonald says
    No content preview
    T-Bill Deluge Risks Draining Bank Reserves, St. Louis Fed Warns
    (Bloomberg) -- As the US Treasury borrows heavily in the bills market, the Federal Reserve may find it has to pause its efforts to shrink its balance sheet to ensure the banking system remains stable, according to the St. Louis Fed. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayHuawei Building Secret Network for Chips, Trade Group WarnsBRICS  ( 31 min )
    Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K
    ETH fell to as low as $1,547 last Thursday, its lowest price since June.  ( 31 min )
    Dow Jones Falls As Powell Speech Risks Rise; Elon Musk Issues This Cybertruck Warning
    No content preview
    Nvidia to Wall Street: What supply problems?
    Nvidia addressed concerns about its ability to meet customer demand and the potential impact of fresh sanctions against exports to China during its latest earnings call.  ( 33 min )
    Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings
    A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a substantial $140 billion rise from the preceding quarter. The surge represents a 27% increase since late 2019, constituting the most significant upswing in debt accumulation since the 2008 financial crisis. Contrary  ( 32 min )
    Nvidia’s A.I.-fueled profit beat has investors cheering—but a deeper analysis shows serious valuation problems
    "Nvidia's valuation is ridiculous," says analyst David Trainer. "People should not be chasing this stock before it drops by around 80% to below $100."  ( 33 min )
    Disney drops to lowest in over three years as investors turn bearish
    No content preview
    Mortgage Company Starts Trading, Promptly Sinks
    A mortgage company started trading publicly today. Investors weren't enthused. Shares of Better Home & Finance fell more than 90% in Thursday trading. The company had agreed to go public in 2021 via a merger with a special-purpose acquisition company, but the closing date of the transaction hit a l  ( 23 min )
    Disturbing Trend For Real Estate Investors: Homes Sold At A Loss, Numbers Not Seen Since 2016 — But This Booming Alternative Is Open To Anyone
    The glory days of real estate investors buying and flipping homes for quick profits seem to have hit a roadblock. It appears that investors are now losing on approximately one out of every seven homes they sell. In certain U.S. cities, sky-high house prices and elevated mortgage rates have diminished homebuyer demand, forcing investors to sell homes at a loss. A recent report by Redfin reveals that in March, investors lost money on roughly 13.5% of the homes they sold, while only 4.8% of overall  ( 33 min )
    Fed Chair Powell At Jackson Hole: Here's The Real Risk For The S&P 500
    No content preview
    Jeff Bezos Is Paying $600K A Month In Rent To This Famous Musician — Here's How To Collect Rental Income Without Becoming A Landlord
    With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o  ( 33 min )
    Relatives of Subway founders in line for billions after sandwich chain sold
    Retail sales suffered the fastest plunge this month since March 2021, when the nation was still in lockdown, according to the Confederation of British Industry.  ( 47 min )
    Gen Z Surpasses Older Generations In Retirement Savings And Investments
    Generation Z has taken over the retirement savings game, leaving their predecessors in the dust. They have come to dominate the arena of financial planning and investing for the future. According to a report by Vanguard, workers ages 18 to 24 were 32% more likely to invest in their workplace retirement plan than their older colleagues were at the same age. This is impressive considering younger generations typically have lower participation rates because of a lack of knowledge and lower income.  ( 31 min )
    China's stock market reels from record stretch of capital exodus
    No content preview
    Analyst Report: Barrick Gold Corporation
    No content preview
    Analyst Report: Toll Brothers Inc.
    No content preview
    How Nvidia became the world’s most important company overnight
    The three mid-ranking Silicon Valley engineers behind Nvidia had just $40,000 (£31,500) between them when they started the company three decades ago, fuelled by a belief that 3D graphics would change the rapidly growing video game industry.  ( 33 min )
    Market Update: GOLD, TOL, HLN
    No content preview
    The S&P 500 is poised to fall - and a government error could crush the US economy, one veteran trader warns
    No content preview
    Spirit AeroSystems stock plummets after new manufacturing error identified
    Spirit AeroSystems discovers issues with fuselage supplied to Boeing  ( 9 min )
    Why the AI spending boom won't end up like the 1990s tech bubble
    Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment.  ( 33 min )
    Disney on Track for Its Lowest Close Since 2014. Boeing Also Drags on Dow.
    Walt Disney stock was falling Thursday in a head-scratching move as shares dropped for three of the past four days. Disney (ticker: DIS) shares were tumbling 3.1% to $83.14 and were on pace for their lowest close since October 2014, according to Dow Jones Market Data. The entertainment giant was th  ( 14 min )
    Nvidia Stock Is Getting Cheaper While Tesla Just Keeps Getting More Expensive
    Nvidia produced incredible quarterly numbers. Ironically, that is probably responsible for the drop in the Nasdaq Composite on Thursday.  ( 26 min )
    Oil Tanker Stock Jumps After Strong Quarter; Navigates Rough Seas
    No content preview
    'Make That Brand Great Again': Anheuser-Busch Heir Billy Busch Wants To Buy Bud Light Back, Blasts The Company For Using 'Woke Students' To Do Marketing. Will It Really Happen?
    More than four months after Bud Light's marketing blunder, the beer brand remains in the spotlight. Now Billy Busch, heir to the Anheuser-Busch dynasty, presents an intriguing proposition to Bud Light's parent company, Anheuser-Busch InBev SA (NYSE:BUD). "I urge that company, InBev, if they don't want that brand any longer, sell it back to the Busch family. Sell it to me. I'll be the first in line to buy that brand back from you. And we'll make that brand great again," he said during Tomi Lahren  ( 33 min )
    Nasdaq drops nearly 2% as Fed warns rate cuts aren't coming soon: Stock market news today
    No content preview
    Nasdaq drops 1% as Fed warns rate cuts aren't coming soon: Stock market news today
    Stocks were lower on Thursday as investors digested hawkish commentary from the Federal Reserve that warned interest rates will be higher for longer than initally anticipated.  ( 32 min )
    Mortgage Rates Tumble from 21-Year Highs
    Mortgage rates have dropped significantly across every loan type. The 30-year average gave up more than an eighth of a point, sinking to its lowest level in a week.  ( 21 min )
    Dollar Tree adding locked cases, removing items from stores amid rising theft costs
    Dollar Tree tanks as profits get squeezed partly due to higher theft.  ( 32 min )
    Americans Refuse To Date Partners Earning Less Than This Salary Or Carrying This Student Debt, According To Studies
    When love is in the air, the conversation about finances might not be a romantic one, but recent surveys suggest that it is a necessary and crucial dialogue for couples. A surprising 64% of people in relationships face money differences, underlining the need to address financial topics early on before they become major problems. This becomes even more important as relationships get more serious, like moving in together or getting married. Financial Deal-Breakers: Personal Loans And More Personal  ( 32 min )
    Stocks Retreat as Traders Weigh Mixed Data Before Powell Speech
    (Bloomberg) -- Nasdaq 100 futures bounced, setting up the technology-heavy index to trim monthly declines, after a blowout forecast from Nvidia Corp. revived the buzz around artificial intelligence.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadNvidia Nears Record Hig  ( 32 min )
    J.P. Morgan Sees up to 110% Gains in These 2 Stocks — Here’s Why They Could Soar
    There’s been a lot of doomsaying about the economy in recent months, with predictions of a coming recession. The markets have also been a bit shaky in August, with the S&P 500 falling about 3%. But in a note from JPMorgan, global investment strategist Madison Faller keeps a generally favorable outlook and assuages investors that market swings are par for the course. “In any given year, there are good things and bad things that impact the economy and markets,” Faller said. “And while we tend to s  ( 35 min )
    Nvidia Cheer Fades As Stock Market Reverses Lower; Retailer's Sell-Off Adds To Sector's Woes
    No content preview
    Fed's Harker tells CNBC he expects no more rate cuts this year
    Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday he doubts the U.S. central bank will need to raise interest rates again, in an interview with CNBC. "Right now I think that we've probably done enough" and with monetary policy in a restrictive stance, it's probably a good idea to hold steady for the rest of this year and see how that affects the economy, Harker said. Harker spoke to the television channel on the sidelines of the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming.  ( 30 min )
    Cybertruck: Musk complains about quality issues while teasing 'production candidate'
    As Tesla nears production and closes in on its Q3 delivery event for the Cybertruck, an old foe rears its ugly head: production quality.  ( 32 min )
    T-Mobile US to Lay Off 5,000 Employees
    Wireless services company plans to cut about 7% of its workforce as it fends off competition from cable companies.  ( 25 min )
    Soaring EV Stock Chanos Calls ‘Insane’ Is a Dangerous Short
    (Bloomberg) -- VinFast Auto Ltd.’s head-scratching surge has given the money-losing electric car startup a bigger market capitalization than Citigroup Inc., with famed short seller Jim Chanos calling the stock’s valuation “insane.”Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsNvidia Nears Record High as AI Demand Fuels Blowout ForecastWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysBRICS  ( 33 min )
    Better Just Went Public at a Bad Time for Mortgage Lenders. The Stock Is Down 91%.
    Mortgage demand isn’t what it used to be: Both home purchase and refinance application volume have dropped below their booming levels in 2020 and 2021.  ( 27 min )
    Boeing Stock Stalls, Spirit AeroSystems Pokes More Holes In 737 Delivery Schedule
    No content preview
    Is It Better to Be Rich or Wealthy?
    No content preview
    This Is Where Advisors Are Telling Clients to Stash Cash Right Now
    No content preview
    Dollar Tree Stock Falls. Earnings Stoke Concerns About Retail Theft and Consumer Spending.
    The discount retailer reported a decline in its gross margin year over year, partly due to inventory loss.  ( 27 min )
    Nasdaq rises as Nvidia sparks tech rally: Stock market news today
    The Nasdaq popped after Nvidia's earnings smashed Wall Street's expectations.  ( 31 min )
    EUR/USD Forecast – Euro Waits for Jackson Hole
    The euro has been relatively quiet during early trading on Thursday, as we wait for speeches coming out of Jackson Hole on Friday.  ( 32 min )
    AMC's Reverse Stock Split Takes Effect
    AMC completed a reverse stock split Thursday, ahead of a planned conversion of preferred equity units into common shares. The reverse split gave shareholders in the movie-theater chain one share for every 10 they previously held, and has the effect of increasing AMC's share price. The conversion o  ( 22 min )
    AMC Goes Bananas Before the APE Conversion—And the Stock Gets an Upgrade.
    The looming APE equity unit conversion causes major volatility in AMC stock. The good news is the shares were upgraded by Wedbush.  ( 26 min )
    I'm Retired. Can I Ever Stop Filing Taxes?
    When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.  ( 33 min )
    Nasdaq futures rise as Nvidia sparks tech rally: Stock market news today
    Stock futures tied to the Nasdaq popped after Nvidia's earnings smashed Wall Street's expectations.  ( 31 min )
    Dow Jones Futures Fall After Surprise Jobless Claims; Nvidia Surges On Earnings
    No content preview
    Splunk Has Been Overshadowed by Nvidia. The Stock’s About to Rally.
    Splunk stock’s performance this year has been only a fraction of the surge in Nvidia's shares, but impressive second-quarter earnings and guidance look set kick off a surge.  ( 26 min )
    Boeing Stock Drops. 737 Deliveries Are at Risk After Issue at Spirit AeroSystems.
    Shares in Spirit AeroSystems take a bigger hit despite the Boeing supplier saying the 737 issue will not make a material impact to its delivery range.  ( 26 min )
    Cash is challenging stocks for the first time in 22 years: Morning Brief
    Cash is challenging the stock market's earnings yield for the first time in 22 years, representing a major shift in the environment for investors.  ( 33 min )
    KKR’s Latest Bankruptcy Deal Is a Bad Omen for Lenders
    (Bloomberg) -- As corporate failures surge this year, debt investors are in a fight to salvage as much money as they can from the wreckage. The early skirmishes are going very badly.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadNvidia Nears Record High as AI Demand F  ( 34 min )
    Sandwich chain Subway to sell itself for $9.55 billion to Roark Capital - sources
    Sandwich chain Subway has agreed to sell itself to private equity firm Roark Capital, the company said on Thursday, amid its struggles with intensifying competition and rising costs.  ( 29 min )
    Nvidia's blowout results are exciting analysts so much, one of them even said the AI chipmaker will be 'most important company to civilization'
    AI chipmaker Nvidia posted revenues of $13.51 billion in the second quarter. That's 88% higher than the previous quarter and up 101% from a year ago.  ( 32 min )
    Nvidia’s AI Surge Is Just Getting Started
    The blowout results and forecast indicate that demand for the company under CEO Jensen Huang isn’t short-lived, but high prices will spur competition.  ( 27 min )
    What High Earners Need to Know for Trump-Era Tax Expirations
    In 2017, the Trump administration spearheaded a comprehensive series of tax cuts. Called the Tax Cuts and Jobs Act (TCJA), the law reduced corporate taxes by about 40% and household taxes by varying degrees for most individuals. While the corporate tax cut is permanent, most of the individual tax reductions will end in 2025 or […] The post What High Earners Need to Know for Trump-Era Tax Expirations appeared first on SmartReads by SmartAsset.  ( 34 min )
    Analyst Report: NVIDIA Corp
    No content preview
    Analyst Report: Idex Corporation
    No content preview
    Daily Spotlight: Seeking High Yield
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Boeing shares fall as 737 goal at risk from supplier defect involving Spirit
    This could put pressure on the top end of Boeing's annual 737 delivery target of 450 planes, some Wall Street analysts warned even as the planemaker said it was evaluating that goal. It is for the second year that Boeing's delivery targets are under review, after supply-chain issues forced it to temper its goal last year. The latest quality issue is due to improperly shaped holes in the aft pressure bulkhead of some planes.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/24/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/24/2023
    No content preview
    Here's what Wall Street is saying about Nvidia's 'whopper' of an earnings report
    Wall Street continues to gush over Nvidia's financials.  ( 34 min )
    These Stocks Are Moving the Most Today: Nvidia, Snowflake, Splunk, Boeing, AMC, U.S. Steel, and More
    Nvidia stock surges after the chip maker forecasts third-quarter revenue of $16 billion at the midpoint of its range, well above analysts' forecasts. Snowflake, meanwhile, reports better-than-expected second-quarter earnings and revenue, and Splunk's quarterly revenue jumps 14% and tops estimates.  ( 27 min )
    Britain’s largest oil producer swings from $1bn profit to loss after windfall tax
    The UK’s largest oil producer has blamed the Government’s windfall tax after it swung from a near $1bn profit to an $8m (£6.3m) loss during the first half of the year.  ( 32 min )
    Wall Street’s Last Analyst With a ‘Sell’ on Nvidia Gives In
    (Bloomberg) -- The last research firm with the equivalent of a “sell” rating on Nvidia Corp. is throwing in the towel.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMorningstar Inc. upgraded the chipmaker  ( 31 min )
    Conoco Deal Triggers Divestment Alert From Pension Investors
    (Bloomberg) -- ConocoPhillips has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadQQQ Up in Late Hours on Nvidi  ( 33 min )
    Nvidia's Frankfurt shares surge as stellar results seen keeping AI rally alive
    More than 20 brokerages raised their target price for Nvidia post the earnings update, according to Refinitiv data, with Elazar Advisors being the most bullish at $1,600. Along with Rosenblatt Securities at $1,100 - they are the only ones to have targets above $1,000 for Nvidia. Nvidia has been the biggest beneficiary of the rise of ChatGPT and other generative AI apps, virtually all of which are powered by its graphics processors.  ( 32 min )
    Norwegian Air Shuttle 2Q Net Profit Fell, But Demand Remains Strong
    Norwegian Air Shuttle reported a drop in second-quarter net profit to NOK538 million, but said demand was strong and that it has begun examining the potential for a dividend.  ( 25 min )
    Dow Jones Futures Rise: Hot Nvidia Earnings, Guidance Lift AI Stocks; Market Rally Still Must Do This
    No content preview
    Here's what Wall Street expects from Jerome Powell at Jackson Hole
    No content preview
    Stock investors are 'delusional' to think the Fed can pull off its 'mission impossible,' says PNC's chief investor
    The stock market is pricing in an unrealistic "no landing" scenario where the Fed crushes inflation without triggering a recession, Amanda Agati says.  ( 31 min )
    Bond Buyers Haven’t Had It This Good Since the Financial Crisis
    (Bloomberg) -- The prospect of global interest rates remaining higher for longer is tipping the case for many investors to switch into bonds from stocks.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekFixed  ( 33 min )
    Nvidia Sounds Fresh Warning About Damage From China Export Rules
    (Bloomberg) -- Nvidia Corp. acknowledged that the US may impose stronger restrictions on the sale of chips to China and warned that such a move will hurt American companies in the long term, reiterating a broadly held view among top chipmakers.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Ma  ( 32 min )
    Nvidia bets $25 billion that AI boom is far from over
    Nvidia's CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year and made what could be the largest single bet yet in the tech sector to back up his optimism. The company's sales forecast on Wednesday blew past Wall Street's expectations and it said it would buy back another $25 billion of its shares, a move most companies make when their leadership thinks the company is undervalued. Nvidia's stock price, though, has more than tripled this year and was set to hit an all-time high after Wednesday's results.  ( 33 min )
    Down More Than 50%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound
    Old school investors will tell you that ‘buying low and selling high’ is the key to market success. The advice may be cliché, but it’s based on mathematical truth. The hard part, however, is understanding when prices are low, because that’s not always an absolute number. In recognizing that lower price range, investors can turn to Wall Street’s analysts for help. These professional stock watchers build their reputations on the quality of their calls, sorting through reams of data to find and rec  ( 34 min )
  • Open

    Occupancy Fraud: Definition, Rules, and Penalties
    Occupancy fraud is a type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner occupied.  ( 22 min )
    Indexed Universal Life Insurance (IUL) Meaning and Pros and Cons
    Indexed universal life insurance offers tax benefits and potentially higher returns, but it has a number of risks that need to be considered.  ( 28 min )
    Earn up to 5.85% With One of These 11 Top-Paying Jumbo CDs
    The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.  ( 19 min )
    What Is an Increasing Death Benefit in Life Insurance?
    Life insurance can increase your coverage over time. Here's how this works with different types of policies.  ( 21 min )
    Zero-Coupon Inflation Swap (ZCIS): Formula, Examples and Benefits
    A zero-coupon inflation swap is a derivative where a fixed-rate payment on a notional amount is exchanged for a payment at the rate of inflation.  ( 21 min )
    How to Find a Trustworthy Reverse Mortgage Counselor
    Reverse mortgage counseling is required for home equity conversion mortgages. Learn how to find a trustworthy reverse mortgage counselor to work with.  ( 24 min )
    S&P 500 Gains and Losses Today: Tech Rally Stalls Ahead of Speech From Fed Chair Powell
    The S&P 500 dropped 1.4% on Thursday, Aug. 24, 2023 as the recent rally in tech stocks came to a halt ahead of Friday's speech by Fed Chair Jerome Powell.  ( 17 min )
    Top CDs Today: Top Rate Holds At 5.75%, Offered Two Ways
    Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.  ( 19 min )
    The Diminishing Effects of Japan's Quantitative Easing
    Twenty-five years of expansionary policy, both fiscal and monetary, has not yielded the desired results for the Japanese economy.  ( 21 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Employer Payroll Tax Deferral Provision: What it is, How it Works
    The employer payroll tax deferral lets you defer the employer portion of 2020 and 2021 Social Security taxes and split payment between 2021 and 2022.  ( 21 min )
    Do Lower Interest Rates Increase Investment Spending?
    Lower interest rates increase business investment by making it cheaper to borrow money for new projects.  ( 20 min )
    Demand-Side Economics Definition, Examples of Policies
    Demand-side economics emphasizes the importance of aggregate demand and supports government intervention.  ( 22 min )
    Fed Officials Are Divided on Need For More Rate Hikes
    Federal Reserve officials gave differing assessments Thursday at the Jackson Hole Economic Symposium about whether the central bank should raise its benchmark interest rate.  ( 17 min )
    10 American Funds Mutual Funds with Long Track Records
    Learn about the performance of the mutual funds offered by Capital Group's American Funds that have the longest established track records.  ( 19 min )
    Internal Growth Rate (IGR): Definition, Uses, Formula and Example
    An internal growth rate (IGR) is the highest level of growth achievable for a business without obtaining outside financing.  ( 20 min )
    Public, Private, Permissioned Blockchains Compared
    There are three general types of blockchains—public, private, and permissioned. Learn the key differences and how they are typically used.  ( 22 min )
    Proof of Burn (Cryptocurrency) Definition
    The proof of burn (POB) consensus algorithm combines the proof of work (POW) and proof of stake (POS) and partially overcomes their shortcomings.  ( 20 min )
    Investment Company Act of 1940 Definition
    Created by Congress, the Investment Company Act of 1940 regulates the organization of investment companies and the product offerings they issue.  ( 24 min )
    Do I Need Life Insurance?
    Do you need life insurance? Read on to tell whether or not life insurance is necessary for your financial plan.  ( 26 min )
    Hyperledger Fabric: Definition, Example, Risks and 2.0 Version
    Hyperledger Fabric is a platform for building various blockchain-based products, solutions, and applications for business use.  ( 21 min )
    Cryptocurrency Spoofing: How it Works, Protecting Yourself
    Cryptocurrency spoofing is the process by which criminals attempt to artificially influence the price of a digital currency by creating fake orders.  ( 20 min )
    Markets Fall Midday as Tech Rally Fades Ahead of Speech by Fed Chair Powell
    U.S. equity markets fell in midday trading on Thursday, Aug. 24, 2023, as tech gains following Nvidia's earnings beat faded ahead of Fed Chair Jerome Powell's coming speech at the Jackson Hole Economic Symposium.  ( 16 min )
    NBA Legend Michael Jordan's Net Worth and Businesses
    Basketball legend Michael Jordan is the richest NBA player of all time after selling his stake in the Charlotte Hornets. One of the best basketball players in NBA history, Jordan has a net worth of $3.5 billion as of 2023, thanks to lucrative endorsements such as Nike and the Jordan Brand, and other business ventures.  ( 21 min )
    Sovereign Debt: Overview and Features
    Sovereign debt is issued by a country's government in order to borrow money.  ( 22 min )
    Average Mortgage Rate Surges to a Fresh 22-Year High of 7.23%
    The average rate offered for a 30-year fixed mortgage surged this week to 7.23% from 7.09% the week before, reaching the highest point since 2001, Freddie Mac said Thursday.  ( 17 min )
    BRICS: Acronym for Brazil, Russia, India, China, and South Africa
    BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.  ( 23 min )
    Mortgage Rates Tumble from 21-Year Highs
    Mortgage rates have dropped significantly across every loan type. The 30-year average gave up more than an eighth of a point, sinking to its lowest level in a week.  ( 20 min )
    Dollar Tree Beats Q2 Estimates but Comes Up Short on Margins
    Dollar Tree posted stronger-than-expected earnings for the quarter ended July 29, as the discount retailer benefited from higher sales at its flagship stores but was pressured by weaker margins.  ( 19 min )
    Phi Ellipses Definition and Uses
    Phi ellipses is a little-known trading tool, drawn by a computer or trading software, used to detect price patterns, trends, and possible reversals.  ( 19 min )
    Purchase Money Security Interest (PMSI) Definition, How It Works
    A purchase money security interest (PMSI) is a legal first claim to repossess property financed with its loan when a borrower defaults.  ( 23 min )
    What Does a Low Federal Funds Rate Mean?
    A low federal funds rate implies expansionary monetary policy by a government, stimulating demand and employment.  ( 23 min )
    Proprietary Reverse Mortgages vs. Single-Purpose Reverse Mortgages
    Home equity conversion mortgages are the most common reverse mortgages, but proprietary and single-purpose reverse mortgages offer other benefits.  ( 21 min )
    Chip-and-Signature Card
    A chip-and-signature card is a type of credit card that encodes its information in a magnetic stripe as well as a square microchip.  ( 19 min )
    Boeing and Spirit AeroSystems Shares Drop as Defect Delays 737 MAX Deliveries
    Boeing and Spirit AeroSystems shares dropped as a 737 MAX quality problem delays deliveries and Boeing warned it could miss this year's delivery target.  ( 17 min )
    How Does the Government Spend My Taxes?
    Learn about the dynamics of the federal budget including how it is passed and the major categories representing revenue and expenditures.  ( 19 min )
    AMD Acquires French AI Software Company Mipsology
    The acquisition is just the latest move in AMD's ongoing artificial intelligence push that includes the unveiling of a new GPU earlier this summer.  ( 17 min )
    Saudi Arabia and Iran to Join BRICS Along With Four New Members
    The enlarged BRICS coalition will control almost half the global crude oil market and will have the strength to trade within the bloc in non-dollar currencies.  ( 17 min )
    Book Value: Definition, Meaning, Formula, and Examples
    A company's book value is its total assets minus its total liabilities. It can be determined by looking at the Shareholders's Equity section of the Balance Sheet.  ( 22 min )
    Satoshi Cycle Definition
    The Satoshi Cycle was a cryptocurrency theory that attempted to establish a cause and effect relationship between Bitcoin's price and Internet searches.  ( 22 min )
    Associate in Loss Control Management (ALCM) Definition
    An Associate in Loss Control Management (ALCM) was a professional designation offered by the Insurance Institute of America (IIA).  ( 19 min )
    More Than 1 Million U.S. Homes Are Standing Vacant
    While 1.3 million residential properties in the US are vacant, zombie foreclosures still accounted for just a fraction of the nation's 101.6 million residential property stock.  ( 17 min )
    The 3 Major Economic Components Necessary for Stagflation to Occur
    Dig deeper into the three components of stagflation: inflation, unemployment, and declining output, as understood by economic theory.  ( 19 min )
    How Governments Reduce the National Debt
    Governments have options when trying to reduce national debt, and throughout history, some have actually worked. Cutting spending has proved most successful.  ( 26 min )
    Cryptojacking Definition
    Cryptojacking is a form of cyberattack in which a hacker hijacks a target's processing power in order to mine cryptocurrency on the hacker's behalf.  ( 20 min )
    Nvidia Posts Another Blowout Quarter, Announces $25B Share Buyback
    CEO Huang cited "a new computing era" and increased corporate interest in generative A.I. to explain the surge in demand for GPU chips and data center resources.  ( 17 min )
    What Is the General Equilibrium Theory in Macroeconomics?
    Achieving equilibrium of prices in a single or multi-market setting involves a bidding process that is informed precisely by demand.  ( 20 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the chipmaker gave a higher-than-expected revenue forecast on rising demand for AI, and shares of software maker Splunk jumped after it narrowed losses on higher AI revenue. Here’s what investors need to know today.  ( 18 min )
    Debt vs. Deficit: What's the Difference?
    A debt is money owed and a deficit is an imbalance of spending vs. revenue. A country that has debt and/or deficits does not necessarily have a weak economy.  ( 26 min )
    What Macroeconomic Problems Do Policymakers Most Commonly Face?
    Learn about the macroeconomic factors policymakers have to be concerned with when deciding on economic policies, such as taxation and interest rates.  ( 21 min )
    Why Do Supply Shocks Occur and Who Do They Affect?
    Take a deeper look at the nature of supply shocks, an economic phenomenon that dramatically changes the equilibrium level of production.  ( 23 min )
  • Open

    S&P 500 Gains and Losses Today: Tech Rally Stalls Ahead of Speech From Fed Chair Powell
    The S&P 500 dropped 1.4% on Thursday, Aug. 24, 2023 as the recent rally in tech stocks came to a halt ahead of Friday's speech by Fed Chair Jerome Powell.  ( 1 min )
    Average Mortgage Rate Surges to a Fresh 22-Year High of 7.23%
    The average rate offered for a 30-year fixed mortgage surged this week to 7.23% from 7.09% the week before, reaching the highest point since 2001, Freddie Mac said Thursday.  ( 1 min )
    Markets Fall Midday as Tech Rally Fades Ahead of Speech by Fed Chair Powell
    U.S. equity markets fell in midday trading on Thursday, Aug. 24, 2023, as tech gains following Nvidia's earnings beat faded ahead of Fed Chair Jerome Powell's coming speech at the Jackson Hole Economic Symposium.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the chipmaker gave a higher-than-expected revenue forecast on rising demand for AI, and shares of software maker Splunk jumped after it narrowed losses on higher AI revenue. Here’s what investors need to know today.  ( 1 min )
  • Open

    SpaceX van Elon Musk aangeklaagd voor discrimineren bij sollicitaties
    Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.  ( 3 min )
    Minder werklozen zitten langdurig thuis dan tien jaar geleden
    Veel werklozen zitten nu maar kort zonder werk. Tien jaar geleden zaten meer mensen langdurig thuis. In april, mei en juni zat een op de zeven werklozen twaalf maanden of langer zonder werk, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Families achter Subway verkopen het bedrijf voor bijna 10 miljard dollar
    Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.  ( 3 min )
    Families achter Subway verkopen het bedrijf na 58 jaar voor bijna 10 miljard dollar
    Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.  ( 3 min )
    ANWB stopt ook met het verzekeren van Urban Arrow-bakfietsen
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 4 min )
    ANWB verzekert naast fatbikes ook geen bakfietsen van Urban Arrow meer
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 4 min )
    Turkije verhoogt rente opnieuw flink in strijd tegen inflatie
    De Turkse centrale bank heeft het rentetarief in het land flink opgeschroefd, tot 25 procent. De enorme rentestap kwam als een verrassing. Economen hadden gerekend op een veel kleinere verhoging.  ( 3 min )
    Na de fatbike stopt ANWB ook met verzekeren van Urban Arrow-bakfiets
    Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan binnenkort niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.  ( 3 min )
    Toerist is terug in Nederland en koopt weer volop Delfts blauw
    Royal Delft Group heeft zijn inkomsten in de eerste helft van dit jaar flink zien stijgen. Dat kwam vooral doordat toeristen weer naar ons land kwamen en veel Delfts blauw en andere producten van het bedrijf kochten.  ( 3 min )
    Verkeerd geboorde gaten leiden tot leveringsproblemen Boeing 737 MAX
    Boeing heeft last van verkeerd geboorde gaten in nog te leveren 737 MAX-toestellen. Volgens de Amerikaanse vliegtuigbouwer heeft leverancier Spirit AeroSystems onjuist gaten geboord in een onderdeel dat de luchtdruk in de cabine regelt.  ( 3 min )
    Nieuwswaakhond ontdekt tientallen websites met door AI hergebruikt nieuws
    Er duiken steeds meer nieuwssites op die kunstmatige intelligentie (AI) gebruiken om razendsnel artikelen van gerenommeerde media te hergebruiken. De nieuwssites controleren de herschreven teksten nauwelijks. Daarmee ligt de verspreiding van nepnieuws en desinformatie op de loer.  ( 4 min )
    Landenblok BRICS wil uitbreiden met landen als Argentinië en Saoedi-Arabië
    Het landencollectief BRICS (Brazilië, Rusland, India, China en Zuid-Afrika) wil de samenwerking uitbreiden. Argentinië, Egypte, Ethiopië, Iran, Saoedi-Arabië en de Verenigde Arabische Emiraten mogen in 2024 ook lid worden.  ( 4 min )
    Gasprijs onderuit: daling van tientallen procenten in enkele dagen
    De handelsprijs voor gas is de laatste dagen met bijna 30 procent gezakt. Dit komt doordat stakingen bij belangrijke productielocaties voor vloeibaar aardgas in Australië waarschijnlijk zijn afgewend.  ( 3 min )
    Premies bij Achmea dreigen omhoog te gaan door klimaatverandering
    Door extreem weer kunnen de premies van verzekeringen bij Achmea de komende tijd oplopen. Onder meer Centraal Beheer, FBTO, Interpolis en Zilveren Kruis vallen onder het bedrijf.  ( 3 min )
    Personeelstekort neemt iets af, maar is nog steeds groot
    Drie kwart van de bedrijven heeft momenteel last van een tekort aan personeel. Dat is iets minder dan de 84 procent van een jaar geleden. De krappe arbeidsmarkt leidt er bij veel bedrijven toe dat de werkdruk toeneemt.  ( 3 min )
    Gasverbruik keldert in twee jaar met een derde
    Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 10 procent.  ( 3 min )
  • Open

    Boeing and Spirit AeroSystems Shares Drop as Defect Delays 737 MAX Deliveries
    Boeing and Spirit AeroSystems shares dropped as a 737 MAX quality problem delays deliveries and Boeing warned it could miss this year's delivery target.  ( 1 min )

  • Open

    Commercial Paper Funding Facility (CPFF) Definition
    The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.  ( 20 min )
    Macroeconomic Stabilization Fund (FEM) Definition
    The Macroeconomic Stabilization Fund (FEM) was established by Venezuela to stabilize cash flow from oil production.  ( 20 min )
    Take Your Pick: These 30 CDs All Pay at Least 5.50%
    You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.  ( 18 min )
    Single Entity Coverage
    Single entity coverage is a type of insurance policy that covers all real property in a condominium, including common areas and individual units.  ( 17 min )
    The Most Popular Terms of 2021
    Amid COVID-19's second year, the top financial terms for 2021 can be traced to economic concerns, Internet meme culture, and Britney Spears.  ( 27 min )
    What Is Marginalism in Microeconomics, and Why Is It Important?
    Find out why marginalism is such an important concept in microeconomic theory, and what economists mean by marginal utility or cost.  ( 21 min )
    Top CDs Today: 30 Options Now Offer a Top-Tier Rate
    Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.  ( 19 min )
    S&P 500 Gains and Losses Today: Tech Stocks Shine as Treasury Yields Recede
    The S&P 500 gained 1.1% on Wednesday, Aug. 23, 2023, as tech stocks surged and Treasury yields dipped.  ( 16 min )
    Trade Act of 1974 Definition
    The Trade Act of 1974 passed to expand U.S. participation in international trade and reduce trade disputes through the reduction of barriers to trade.  ( 21 min )
    Block Header (Cryptocurrency): Definition and How It Works
    A block header is the unique identity of a particular block on a blockchain and is hashed by miners for rewards.  ( 18 min )
    Maldivian Rufiyaa (MVR): What it is, Example
    The Maldivian rufiyaa (MVR) is the national currency of the Republic of the Maldives.  ( 19 min )
    Remote Work is Here to Stay, And Employers Aren’t Happy About It
    Remote work is here to stay, whether employers like it or not—and, for the most part, they don’t.  ( 18 min )
    How to Buy r/Cryptocurrency Moons (MOON)
    r/CryptoCurrency Moons (MOON) is a digital currency that the r/Cryptocurrency Reddit forums use to reward users.  ( 21 min )
    Just One-Tenth of Americans Believe They Have Financial Freedom, Study Finds
    Only 11% of respondents said they are living their definition of financial freedom.  ( 17 min )
    Energy Improvement Mortgage Definition
    An energy improvement mortgage allows borrowers to qualify for additional loan funding for cost-effective energy efficiency improvements on a home.  ( 18 min )
    Small Corporate Offering Registration (SCOR) Definition
    A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 20 min )
    Car Title Loan Defined
    A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. They are also known as auto title loans.  ( 21 min )
    Consumer Price Index (CPI) vs. Producer Price Index (PPI)
    Learn how the Consumer Price Index (CPI) and Producer Price Index (PPI) differ in the composition of their target sets of goods and services.  ( 20 min )
    Real Estate Market is Frozen, But New Home Sales are Booming
    Homebuilders are selling more, and cheaper new houses these days, the opposite of the trend in the market for existing homes where sales are slow and prices hitting record highs.  ( 18 min )
    Bancor: What it Means, Purpose, Criticisms
    Bancor blockchain protocol allows users direct zero/low fee conversion between different crypto coins.  ( 22 min )
    Half of Retired and Pre-Retired Americans Are Considering Working Longer
    Half of retired and pre-retired Americans are considering going back to work or delaying retirement, according to a recent survey, and the reasons aren't limited to finances.  ( 18 min )
    Use a Home Equity Loan to Alter Home to Stay in Place
    If you don’t have the cash, should you use the equity you have in your home to modify it so that you can stay in it longer?  ( 22 min )
    Dangerous Asset
    A dangerous asset is one which poses a risk of a liability to its owner.  ( 18 min )
    Agency Theory vs. Stakeholder Theory: What's the Difference?
    Agency theory and stakeholder theory are both used to understand and explain various types of relationships and challenges that can occur in business.  ( 20 min )
    5 Factors That Influence Competition in Microeconomics
    Find out what influences competition in microeconomics and how perfect competition, monopoly, and oligopoly vary in their competitive characteristics.  ( 21 min )
    Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
    Singapore-based e-commerce and ride-hailing company Grab narrowed its losses and forecast a smaller loss for the year, as cost-cutting measures paid off.  ( 19 min )
    Business Crime Insurance: What it is, How it Works, Impact
    Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.  ( 19 min )
    Co-Tenancy Clause: What it is, How it Works, Landlord Conditions
    A co-tenancy clause in retail lease contracts allows tenants to reduce their rent if key tenants or a certain number of tenants leave the retail space.  ( 21 min )
    Tax Withholding: Good for Government, Bad for Taxpayers
    It's important to understand where that money coming out of your paycheck goes and why. After all, you earned it.  ( 24 min )
    How New Tax Changes Promote 529 Investments
    The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.  ( 25 min )
    Markets Rise Midday as Tech Stocks Rally
    U.S. equity markets gained in midday trading on Wednesday, Aug. 23, 2023 as tech stocks rallied ahead of a key earnings report from Nvidia that could offer insight on the state of the AI industry.  ( 16 min )
    What Marginal Utility Says About Consumer Choice
    Learn how marginal utility influences consumer choice under the law of diminishing marginal utility and consumer decisions made on margins.  ( 22 min )
    Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
    Peloton shares tumbled after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.  ( 17 min )
    What Is a Call Option and How to Use It With Example
    A call option is a contract that gives the option buyer the right to buy an underlying asset at a specified price within a specific time period.  ( 30 min )
    Mortgage Rates Keep Climbing to Record Heights
    Mortgage rates rose again, hitting new records not only for 30-year new purchase loans, but also for 15-year loans, 30-year jumbo loans, and 30-year refi mortgages.  ( 20 min )
    Can I Roll a Traditional IRA Into a 529 Plan for My Grandchild?
    You can't roll a traditional IRA into a 529 plan without paying taxes, but there are better options to help cover higher-education expenses.  ( 24 min )
    How Many Savings Accounts Should I Have?
    The right number of savings accounts will depend on your personal situation, and sometimes you can benefit from having more than one. Learn what factors to consider.  ( 23 min )
    More Than Half of Investors Comfortable Taking Advice From AI Sometimes
    Older investors tend to be more open to AI than younger investors when it comes to financial advice. A much smaller percentage of investors would implement this advice without running it by a human advisor.  ( 17 min )
    The World's 6 Biggest Corn Producers
    The U.S. remains the king of corn, followed by China and Brazil. Producers around the world grow plenty of this versatile crop for domestic use and export.  ( 22 min )
    Mortgage Demand Drops to 28-Year Low As Interest Rates Climb
    All mortgage applications decreased by 4.2% from a week ago.  ( 17 min )
    529 Risks to Take (or Not)
    Five risks to take into consideration when you choose and invest in a 529 plan to pay for your child’s future education expenses.  ( 26 min )
    Target Hash: Overview and Examples in Cryptocurrency
    A target hash sets the difficulty for cryptocurrency mining using a proof-of-work (PoW) blockchain system.  ( 19 min )
    The Bond Market and Debt Securities: An Overview
    The bond market is the collective name given to all trades and issues of debt securities and include corporate, government, and municipal bonds.  ( 30 min )
    Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
    Foot Locker shares plunged after the retailer reported sales fell as inflation-weary shoppers spent less on the company's apparel and footwear.  ( 17 min )
    529 Strategies That Maximize Student Aid Options
    Should you spend your 529 account down quickly in hopes of qualifying for more financial aid? It's possible, but the strategy can also backfire.  ( 24 min )
    UPS Workers Approve $30 Billion Labor Contract, Averting Strike
    UPS workers ratified a deal worth $30 billion in wage increases and other benefits, ending contentious negotiations and the threat of a strike.  ( 17 min )
    5 Things to Know Before Markets Open
    Nvidia shares moved higher ahead of its earnings report and AMC shares dove as it prepares to convert preferred equity shares and execute a reverse stock split. Here’s what investors need to know today.  ( 18 min )
    How Central Banks Affect Interest Rates
    Central banks such as the Federal Reserve influence monetary policy in the economy by increasing or decreasing interest rates. Shifts in this crucial interest rate have a drastic effect on consumer spending and borrowing.  ( 25 min )
    Worst Cases of Hyperinflation in History
    Here are the three worst episodes of hyperinflation in modern history.  ( 26 min )
    The Importance of the Purchasing Managers' Index
    The Purchasing Managers' Index is a telling sign of the U.S. economy. But what is it?  ( 25 min )
    How Does Fiscal Policy Impact the Budget Deficit?
    Fiscal policy refers to the use of the government budget to affect the economy including government spending and levied taxes. Find out how the policies adopted have a direct influence on the budget deficit.  ( 23 min )
  • Open

    Take Your Pick: These 30 CDs All Pay 5.50% or Higher
    You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.  ( 19 min )
    Stock Market Forecast For The Next Six Months: After Big Gains In Tech Stocks, Eye These Caution Signs
    No content preview
    4 reasons why investors should buy stocks now ahead of Nvidia earnings and Powell's Jackson Hole speech
    No content preview
    GM to cut 940 jobs, cease IT operations in Arizona
    GM said in April about 5,000 salaried workers had taken buyouts to leave the automaker after it announced plans to cut costs by $2 billion this year. GM said around 80 to 90 employees working in software defined vehicle teams will remain in Arizona as it consolidates IT operations at its Michigan, Georgia and Texas facilities.  ( 30 min )
    REITs Rocked By Surge Of New Price Target Cuts — Are More Ahead?
    Investors know the pain of seeing some of their stocks tumble after an analyst downgrade, but stocks also can slide when analysts maintain previous ratings but slash previous stock price targets by 10% or 20%. As Wall Street grapples with the latest Federal Reserve meeting minutes that suggest more interest rate hikes could be forthcoming, droves of analysts have been slashing price targets on interest-sensitive stocks such as real estate investment trusts (REITs). Over the past week,18 price ta  ( 32 min )
    Snowflake Trounces Views On 36% Sales Growth; Shares Are Rising
    No content preview
    U.S. Steel Stock Drops. One Bidder Dropped Out.
    Steel service center Esmark ended its $35 all-cash bid for United States Steel.  ( 26 min )
    Nvidia Crushes Earnings. Stock Soars After CEO Says the ‘Race Is on’ to Adopt AI.
    The chip maker reported revenue of $13.5 billion for its latest quarter, well above analysts' expectation of $11.2 billion.  ( 27 min )
    Nvidia Stock Surges After Crushing Wall Street Forecasts
    Nvidia's numbers are out, and the chipmaker has once again smashed Wall Street expectations. Here's what the company reported, versus what analysts expected, according to FactSet: Revenue: $13.51 billion, versus $11.19 billion expected. Earnings per share: $2.48 (GAAP) and $2.70 (non-G  ( 22 min )
    Snowflake Trounces Views On 36% Sales Growth; Shares Surge
    No content preview
    Nvidia to Buy Back Up to $25 Billion in Stock
    Nvidia's stock is surging after reporting better-than-expected earnings, and the chipmaker had even more goodies for its investors. Nvidia also announced a new authorization to repurchase up to $25 billion worth of stock. Nvidia said it spent $3.28 billion on buybacks in the second quarter. The ch  ( 22 min )
    Nvidia stock soars to record high as earnings, forecasts crush expectations
    Nvidia reported its second quarter earnings after the bell Wednesday.  ( 31 min )
    Nvidia forecast tops Wall Street expectations, $25 billion share buyback planned
    Shares of the Santa-Clara, California-based company rose 6.3% in trading after the bell. They have tripled this year, making the company the first ever trillion-dollar chip business as investors bet Nvidia will be the key beneficiary of the AI boom. Analysts have estimated that demand for Nvidia's prized AI chips is exceeding supply by at least 50%, adding that the imbalance will stay in place for the next several quarters.  ( 30 min )
    Elon Musk Teases Cybertruck 'Production Candidate' As Tesla Stock Rebound Hits Resistance
    No content preview
    United Airlines in $30 million settlement with quadriplegic man's family
    United Airlines has agreed to a $30 million settlement after a deplaning incident left a quadriplegic man in a vegetative state, court papers show. The settlement with the family of Nathaniel Foster Jr, known as N.J., was disclosed on Tuesday in San Francisco federal court, and reached after one day of trial. It arose from the treatment of Foster, who had been using a wheelchair, ventilator and tracheal tube, as he and his family were disembarking from a Feb. 8, 2019 United Express flight to Monroe, Louisiana, where they had traveled to attend a funeral.  ( 30 min )
    Analyst Report: Lowe`s Cos., Inc.
    No content preview
    Analyst Report: Southern Company
    No content preview
    America's retailers and restaurants brace for a shock from student loan payments
    These retail and restaurant stocks face consumer headwinds once student loan repayments kick off.  ( 35 min )
    Volkswagen strikes direct supply deals for chips to avoid global shortage
    Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics the carmaker said on Wednesday. The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022. Volkswagen and Franco-Italian chipmaker STMicroelectronics announced plans last July to co-develop a new semiconductor, marking VW's first direct relationship with a second- and third-rank semiconductor supplier.  ( 30 min )
    Visa and PayPal Could Fall Behind Crypto Dollars. Why That Matters.
    Stablecoins settled more value than PayPal processed in 2022, with dollar-pegged tokens approaching Visa-level payments volumes.  ( 26 min )
    Tech stocks rally, yields drop, ahead of Nvidia earnings: Stock market news today
    Stocks were higher on Wednesday afternoon with investors bracing for results from Nvidia after the bell.  ( 31 min )
    Treasury Yields Keep Rising. Japan Is One Big Reason.
    Longer-dated Treasury yields have been hitting the highest levels in more than a decade.  ( 26 min )
    Powell Is Using Jackson Hole as Final Push in Inflation Fight
    (Bloomberg) -- Federal Reserve Chair Jerome Powell is expected to map out final steps in the US central bank’s campaign to tame inflation, and reinforce its commitment to finishing the job, when he speaks Friday in Jackson Hole, Wyoming.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Off  ( 33 min )
    Nvidia Reports Earnings Soon. Where the Stock Could Go.
    Shares of the graphics-chip maker have been having a boffo year. The second-quarter earnings report will jar the stock price up or down.  ( 26 min )
    Nvidia Bulls Look Exhausted Before Earnings. Watch This Stock Level.
    A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.  ( 26 min )
    Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom Shares
    The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.  ( 27 min )
    Landlords With $1.2 Trillion of Debt Face Rising Default Risks
    (Bloomberg) -- About $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling, according to Newmark Group Inc.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysIndia First to Land Near Moon South Pole After Russia FailsBond Yields Sink as Wea  ( 31 min )
    Billionaire David Tepper Pours Millions Into These 2 ‘Strong Buy’ Stocks; Goldman Sachs Says They Offer Solid Upside — Here’s Why They Draw Plaudits Across the Board
    Anyone active in the stock market is looking for solid returns, but is often faced with a problem: how to cut through all the noise and reams of data in order to generate those gains. Seasoned market participants will say there are all kinds of different strategies to follow, but one of the most straightforward ones is to track the moves made by Wall Street’s investing legends. And hardly any come with a more stellar reputation than hedge fund manager David Tepper. The billionaire investor is th  ( 34 min )
    Broadcom CEO Hock Tan says $2B investment coming to VMware once acquisition closes
    "Broadcom will immediately invest an additional $2 billion a year to better unlock customer value,” CEO Hock E. Tan said.  ( 10 min )
    Nvidia stock rises ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 31 min )
    Nvidia to report Q2 earnings amid Wall Street's sky high expectations
    Nvidia will report its second quarter earnings Wednesday, as Wall Street expectations rise.  ( 31 min )
    How to Use Mega Backdoor Roths to Save on Taxes
    No content preview
    ‘Everybody Else Left or They Died:’ California Bank Grows Simply by Surviving
    (Bloomberg) -- From his office just outside Los Angeles, Dominic Ng watched as California banks fell like dominoes — first crypto-friendly Silvergate Capital Corp. down near San Diego in early March, then Silicon Valley Bank up north days later, followed by San Francisco’s First Republic Bank at the beginning of May.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon  ( 33 min )
    How Anyone (Even You) Can Turn Dividends Into Steady Passive Income
    No content preview
    US economy near stalling point as consumer demand weakens, survey says
    U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. S&P Global said its flash U.S. Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 50.4 in August from 52 in July, the biggest drop since November 2022. While August's reading was the seventh straight month of growth, it was only fractionally above the 50 level separating expansion and contraction as demand weakened for both manufactured goods and services.  ( 30 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 32 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
    No content preview
    Nvidia stock drifts ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 31 min )
    Peloton stock crushed as seat post recall, subscriber losses hurt quarterly results
    Peloton stock was tanking in pre-market after posting a disappointing quarter and guidance.  ( 32 min )
    Stocks open higher ahead of Nvidia earnings: Stock market news today
    Stocks opened higher on Wednesday morning with investors bracing for results from Nvidia after the bell.  ( 30 min )
    How Roche's Accidental Cancer Update Lifted Iteos And Arcus More Than 30%
    No content preview
    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
    Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 33 min )
    Foot Locker stock crashes 30% as company cuts forecast again citing 'price-sensitive consumers'
    A weakening consumer environment continues to weigh on Foot Locker's turnaround strategy as the company expects comparable sales to decline at their highest levels in more than a decade.  ( 32 min )
    J&J Makes It Official: Kenvue Stock Swap Was a Huge Hit With Shareholders
    Johnson & Johnson investors were able to exchange less than a quarter of their shares for the consumer split off. The company will update financial guidance next week  ( 27 min )
    Nvidia stock rises in pre-market ahead of highly anticipated quarterly results
    Nvidia stock was higher early Wednesday ahead of the company's highly-anticipated earnings report after the bell.  ( 32 min )
    Abercrombie & Fitch Stock Soars as Earnings Smash Estimates. It Raises Outlook.
    The clothing retailer raises its outlook for full-year sales growth. Higher prices have helped.  ( 26 min )
    Dow Jones Futures Rise Ahead Of Economic Data; Tesla Skids On Output Cut; Nvidia Earnings Next
    No content preview
    Peloton Stock Sinks After It Warns of Continued Losses
    Shares of Peloton are sinking in premarket trading after the fitness-equipment maker reported another decline in paying subscribers and said the costs of an equipment recall was denting its profit. The stock is down 27% in premarket trading. More on Peloton's results: [**Peloton Shares Pl  ( 21 min )
    Stock futures point to modest gains ahead of Nvidia earnings: Stock market news today
    Stock futures were higher on Wednesday with all eyes on Nvidia's results out after the bell.  ( 32 min )
    Advance Auto Parts Finance Chief Exits Amid Leadership Shakeup
    Jeff Shepherd has left the company; Tony Iskander named as interim CFO.  ( 25 min )
    Peloton Stock Sinks as Subscribers Fall and Recall Costs Exceed Expectations
    The company says the $40 million cost of a seat recall announced in May exceeded Peloton's initial expectations.  ( 26 min )
    Advance Auto Parts Earnings Miss Estimates. Why It’s a Warning for Ford.
    Earnings from auto parts distributors such as Advance Auto Parts just might be the canary in the coal mine. There is a limit to what people can pay to buy and maintain their vehicles.  ( 27 min )
    Macy's big warning on credit cards a big problem for some other retailers
    Investors should pay careful attention to what Macy's said about rising issues in its credit card business.  ( 33 min )
    Foot Locker Shares Sink 32% on Dividend Pause, Another Outlook Cut
    The company swung to a loss of $5 million, from a profit of $94 million in the year-ago quarter.  ( 26 min )
    You'll Have This Much Money In 10 Years If You Lock In 5.6% Now
    No content preview
    Foot Locker Stock Plunges After Outlook Slashed and Dividend Suspended
    Foot Locker slashes its outlook for the second straight quarter and pauses its dividend as the shoe retailer grapples with a tough consumer backdrop.  ( 27 min )
    Analog Devices Stock Sinks on Weak Outlook. It’s Bad News for Chip Stocks.
    Analog Devices shares dropped on Wednesday after its quarterly guidance missed analysts' expectations. Other semiconductor companies with big industrial and automotive exposure were also falling.  ( 26 min )
    Investors Are Finally Making Money on Bonds and CDs. Be Prepared to Pay Taxes.
    As investors pile into various higher yielding investments, it’s important to know the big taxable differences between each type.  ( 25 min )
    Nike Is on a Record Losing Streak. It’s Not the Only Stock on a Bad Run.
    Investors in the sports retailer, Goldman Sachs, Charles Schwab, and several others will be hoping for some good news soon.  ( 26 min )
    Foot Locker lowers full-year outlook again, pauses dividend as 2Q sales fall on cautious consumers
    Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases. The footwear and clothing retailer said quarterly sales declined to $1.86 billion from $2.07 billion. “We did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers,” President and CEO Mary Dillon said in a statement.  ( 32 min )
    Kohl's earnings: Profits plunge more than 50% annually on weak sales as consumer angst persists
    Kohl's is feeling the brunt of consumers spending less.  ( 32 min )
    Chipmaker Analog Devices Misses Targets As Inventories Remain High
    No content preview
    Daily Spotlight: S&P 500 Earnings Finally Poised to Grow
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Nvidia Bulls Look Exhausted Before Earnings, Analyst Says. The Stock Level to Watch.
    A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.  ( 27 min )
    5 Things to Know Before Markets Open
    Nvidia shares moved higher ahead of its earnings report and AMC shares dove as it prepares to convert preferred equity shares and execute a reverse stock split. Here’s what investors need to know today.  ( 18 min )
    Analyst Report: L3Harris Technologies Inc
    No content preview
    Analyst Report: Markel Group Inc.
    No content preview
    401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead
    401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500 in 2022 to $22,500 for 2023, Mercer projects the annual cap to go up just […] The post 401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead appeared first on SmartReads by SmartAsset.  ( 32 min )
    Tesla's German plant lowers production target amid slower output - Business Insider
    Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it further, according to a Business Insider report citing internal documents and anonymous sources. The U.S. carmaker had posted on X, the social media platform formerly known as Twitter, in late March that it hit 5,000 cars per week at the plant in Gruenheide near Berlin, but workers who declined to be named told Business Insider that this was a one-off and average output since then had been much lower, the article said. Tesla said in June it was hiring fewer temporary workers than it did in the beginning because they were no longer needed but that its production targets were on track.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/23/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/23/2023
    No content preview
    Nvidia is dominating the AI chip race, but it's not the only AI play: Morning Brief
    Nvidia's results after the bell today are hotly anticipated. Other companies in the semiconductor ecosystem are trying to monetize new AI demand, but they're not yet coming close in magnitude.  ( 33 min )
    Professor behind recession indicator with a perfect track record says it remains 'way too early' to call off a US economic downturn
    While some say recession worries should be abating, the creator of the inverted-yield curve believes a recession is still coming.  ( 34 min )
    Recession Fears Have Been ‘Blown Out of the Water,’ Long-Serving Fed President Says
    Former St. Louis Fed chief James Bullard warns that stronger growth will require even higher rates.  ( 27 min )
    Nvidia Earnings Will Gauge Strength of AI Boom
    Expectations are lofty, but concerns about China and the supply chain remain.  ( 27 min )
    These Stocks Are Moving the Most Today: Nvidia, Toll Brothers, Urban Outfitters, Apellis, AMC, and More
    Nvidia's highly anticipated second-quarter earnings are scheduled for after the closing bell Wednesday, Toll Brothers reports earnings and revenue that top Wall Street expectations, and sales at Urban Outfitters set a record.  ( 27 min )
    Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom Shares
    The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.  ( 27 min )
    EUR/USD to Fall to 1.03 in 12 Months, Danske Bank Says
    Sterling and gilt yields drop after provisional U.K. purchasing managers’ data showed contractions in both manufacturing and services sector activity in August.  ( 24 min )
    U.S. Stock Futures Rise with Nasdaq Leading Ahead of Nvidia Results
    U.S. stock markets were looking to rebound on Wednesday after losses the previous day, with results from chipmaker Nvidia taking center stage. Dow Jones Industrial Average futures were up 110 points, or 0.3%, early on Wednesday. S&P 500 futures were up 0.5% and Nasdaq 100 futures were climbing 0.7%  ( 11 min )
    Is Nvidia the New Tesla? Options Traders Place Their Bets
    Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.  ( 28 min )
    Investors Say They’ll Stick With Gold as Fed Cycle Nears End
    (Bloomberg) -- Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming twelve months.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBulli  ( 32 min )
    Investors dump major China stocks in record sell-off - latest updates
    Global investors have been offloading China’s flagship stocks in a record-selling streak, showing even the nation’s industry leaders are falling out of favour amid concerns for the economy.  ( 31 min )
    7% Dividend Yields: The 6 Best Payouts in the S&P 500
    Money-market funds and Treasury bills are offering competition for high-dividend stocks with short-term rates above 5%, but they aren't the only game in town.  ( 26 min )
    Global Funds Abandon China Blue Chips in $9.3 Billion Selloff
    (Bloomberg) -- Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the nation’s industry leaders are falling out of favor as a rout deepens. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapForeign i  ( 32 min )
    Investors look to AI-darling Nvidia's earnings as US stocks rally wobbles
    Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial intelligence have helped propel the S&P 500 to a 14% gain this year. The chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks, which also include Apple and Microsoft.  ( 33 min )
    Bitcoin below US$26,000 with a new low of US$20,000 in the cards
    Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.  ( 32 min )
    Buyout firm Roark sets conditions to clinch $9 billion-plus Subway deal-sources
    Private equity firm Roark Capital is in the lead to acquire sandwich chain Subway for well over $9 billion after attaching conditions to some of the windfall the two families that own it will get, people familiar with the matter said on Tuesday. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. For the full price to be paid, Subway's cash flow would need to reach certain milestones over a specified period after the deal closes, the sources added.  ( 32 min )
    Dow Jones Futures: Nvidia Earnings Are Everything For The Market Rally Attempt, These AI Stocks
    No content preview
  • Open

    S&P 500 Gains and Losses Today: Tech Stocks Shine as Treasury Yields Recede
    The S&P 500 gained 1.1% on Wednesday, Aug. 23, 2023, as tech stocks surged and Treasury yields dipped.  ( 1 min )
    Markets Rise Midday as Tech Stocks Rally
    U.S. equity markets gained in midday trading on Wednesday, Aug. 23, 2023 as tech stocks rallied ahead of a key earnings report from Nvidia that could offer insight on the state of the AI industry.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares moved higher ahead of its earnings report and AMC shares dove as it prepares to convert preferred equity shares and execute a reverse stock split. Here’s what investors need to know today.  ( 1 min )
  • Open

    Gasverbruik keldert in twee jaar met ruim een derde
    Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is ruim een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 13 procent.  ( 3 min )
    Brandstofprijzen gaan in 2024 hard omhoog door verder stijgende accijns
    Als het demissionaire kabinet niet ingrijpt, betalen automobilisten in 2024 fors meer aan de pomp. De accijnzen stijgen en worden ook aangepast aan de inflatie. Een liter benzine kost dan straks 21 cent extra en een liter diesel 13 cent.  ( 3 min )
    NU+ | Hogere huizenprijzen plagen starters opnieuw, vooral belegger profiteert
    De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?  ( 4 min )
    Flitsbezorger Getir vertrekt uit zes steden omdat er te weinig wordt besteld
    Getir is straks in minder Nederlandse steden beschikbaar. Het boodschappenbezorgbedrijf stopt in Breda, Delft, Eindhoven, Groningen, Leiden en Tilburg. Verder wordt een deel van de locaties in Amsterdam gesloten. Het Turkse bedrijf kondigde eerder al krimpplannen in andere landen aan.  ( 3 min )
    NU+ | De huizenprijzen stijgen weer, en dat is niet fijn voor starters
    De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?  ( 4 min )
    Corendon-vluchten naar Curaçao krijgen kindvrije zone
    Vluchten van reisorganisatie Corendon naar Curaçao krijgen vanaf november een kindvrije zone. Volwassenen die geluidsoverlast van kinderen willen mijden kunnen terecht in een afgeschermde ruimte voor in het vliegtuig. Eerder konden toeristen al hotels zonder kinderen boeken.  ( 4 min )
    Brazilië oppert invoering BRICS-munt om dominantie dollar te breken
    De zogenoemde BRICS-landen onderzoeken de invoering van een gezamenlijke munt voor onderlinge handel. De Braziliaanse president Luiz Inácio Lula da Silva hield daar op een top een pleidooi voor. Het doel is om minder afhankelijk te worden van de Amerikaanse dollar.  ( 4 min )
    India levert historische prestatie door als vierde land op de maan te landen
    India mag zich het vierde land ter wereld noemen dat succesvol op de maan is geland. De Indiase maanlander landde woensdag iets na 14.30 uur op de zuidpool van de maan.  ( 4 min )
    Belastingdienst deed onterecht onderzoek naar giften aan Haagse moskee
    De Belastingdienst heeft onterecht onderzoek gedaan naar mogelijk gesjoemel met giften aan de Haagse As-Soennah-moskee, schrijft NRC woensdag. De rechter kan niet uitsluiten dat de fiscus heeft gediscrimineerd.  ( 4 min )
    VanMoof had schuld van 144 miljoen euro bij bankroet
    Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.  ( 4 min )
    NU+ | Russische maanmissie crasht: waarom gaan maanlandingen nu nog mis?
    De eerste Russische maanlandingsmissie in 47 jaar is afgelopen weekend mislukt. Jullie vroegen op ons NUjij-reactieplatform waarom maanlandingen ondanks ruim vijftig jaar ervaring toch mis blijven gaan. Ruimtevaart is en blijft een groot experiment, zegt een expert.  ( 4 min )
    VanMoofs schuld was met 144 miljoen euro flink hoger dan de omzet
    Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.  ( 4 min )
    Winkelverkopen dalen waarschijnlijk voor het eerst in tien jaar
    Sinds de kredietcrisis zijn we elk jaar meer in de winkel gaan kopen, maar in 2023 komt daar waarschijnlijk verandering in. Door de inflatie houdt de consument de hand op de knip, waardoor de winkelverkopen volgens ING 2 procent lager uitvallen: de eerste daling in tien jaar.  ( 3 min )
    India doet tweede poging om op zuidpool van de maan te landen
    India doet woensdagmiddag een nieuwe poging om een maanrover op de maan te laten landen. Als dat lukt, is India het vierde land ooit dat hierin slaagt. Het is eerder alleen de voormalige Sovjet-Unie, de Verenigde Staten en China gelukt.  ( 4 min )
    Uitbreiding lng-terminal Rotterdam moet helpen Russisch gas te vervangen
    De Gasunie breidt haar lng-terminal in de Rotterdamse haven verder uit. Dit moet ervoor zorgen dat ons land meer lng (vloeibaar aardgas) kan invoeren. Lng wordt gezien als een belangrijke vervanger van Russisch aardgas.  ( 3 min )
    Maker van coronaprik Janssen wil vaccinafdeling in Leiden sluiten
    De Belgische farmaceut Janssen is van plan zijn afdeling voor vaccinontwikkeling in Leiden te sluiten. Daardoor staan er mogelijk banen op de tocht, al is niet duidelijk om hoeveel arbeidsplaatsen het gaat. Dat heeft het bedrijf bevestigd na berichtgeving van De Telegraaf.  ( 3 min )
  • Open

    Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
    Singapore-based e-commerce and ride-hailing company Grab narrowed its losses and forecast a smaller loss for the year, as cost-cutting measures paid off.  ( 1 min )
    Foot Locker Shares Sink After Reporting Falling Sales as Shoppers Pull Back
    Foot Locker shares plunged after the retailer reported sales fell as inflation-weary shoppers spent less on the company's apparel and footwear.  ( 1 min )
    UPS Workers Approve $30 Billion Labor Contract, Averting Strike
    UPS workers ratified a deal worth $30 billion in wage increases and other benefits, ending contentious negotiations and the threat of a strike.  ( 1 min )
    Peloton Shares Plunge on Wider-Than-Expected Loss After Recall, Fall in Subscribers
    Peloton shares tumbled after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.  ( 1 min )

  • Open

    Seeking up to 9% Dividend Yield? Here Are 2 Dividend Stocks Billionaire Bill Miller Is Holding for Income Growth
    The markets have been exhibiting some wobbly tendencies recently, with the strong rally seen in the first half of the year appearing to have wilted a bit under the summer sun. Fear not, however, appears to be the advice of one prominent stock picker. With US inflation falling to 3% recently compared to last summer’s 9%, and with GDP growth in the last quarter coming in at 2.4%, famous value investor Bill Miller, whose net worth is valued at $1.4 billion, thinks the rest of the year looks pretty  ( 34 min )
    The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says
    No content preview
    Graphite Wars: The Trillion Dollar Battery Race Has A Big Problem
    The first commercial production of graphite in North America could be just 12 months away, a moment that will transform global electric vehicle supply chains forever.  ( 41 min )
    The Race to Ditch Russian Uranium Starts in New Mexico’s Desert
    (Bloomberg) -- In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office F  ( 37 min )
    Vanguard’s Tax-Busting Fund Design Is Getting Its Latest Revamp
    (Bloomberg) -- Vanguard Group has famously stood apart in the money-management world with its popular mutual funds offering the liquid ETF wrapper.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBorrowers With $39 Billion in Student Loans Finally See ReliefN  ( 31 min )
    CD Rates Climb to New Record in Every Term. Will They Go Even Higher?
    CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?  ( 19 min )
    Top CDs Today: 5.85% Jumbo CD Is New National Leader
    Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.  ( 21 min )
    Fabrinet Stock Soars 32% to a New High. Wall Street Sees an AI Opportunity.
    The contract electronics manufacturer stock is on pace for a new closing high.  ( 27 min )
    VinFast Stock Soars 109%. It’s a Head-Scratcher.
    Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.  ( 26 min )
    Oil M&A Is Changing. 5 Possible Buyout Targets.
    Investors in acquired oil companies are being rewarded with the promise of steady cash flows and dividends over time, instead of hats full of cash.  ( 26 min )
    Teamsters Vote in Favor of UPS Deal. It Could Affect Lots of Stocks.
    The favorable vote on a new contract with the logistics company is good news for a variety of businesses.  ( 27 min )
    Here's why stocks have tanked in August and what Wall Street expects to happen next
    No content preview
    Student loans: Biden officially launches new, affordable payment plan
    The new plan improves on an earlier income-driven repayment plan by lowering monthly payments, providing faster forgiveness for some, and preventing balances from growing due to unpaid interest.  ( 33 min )
    J&J’s Exchange Offer for Kenvue Is Tricky From a Tax Standpoint. What to Do.
    J&J holders who participated in the exchange offer can choose which J&J shares they want to use for their cost basis in Kenvue.  ( 26 min )
    George Soros Bets Big On Electric Vehicles, Bitcoin, Pharmaceuticals And Consumer Internet Providers, According To Latest Filings
    Billionaire philanthropist George Soros, while polarizing, has made some of the most successful trades in history. His fund has averaged a roughly 30% yearly return since inception. Soros made bets on Tesla Inc. as early as 2018 and ventured into cryptocurrency the same year. According to the billionaire's latest 13F filings, he is making other interesting bets going into the second half of 2023. See more on startup investing from Benzinga: Until 2016 it was illegal for retail investors to inves  ( 31 min )
    Republic First shares plunge on news it will be delisted by Nasdaq
    The move is effective Wednesday and is the result of embattled Philadelphia bank failing to file its 2022 annual report.  ( 12 min )
    T-Bill Yields to Climb Further With Foreign Money Steering Clear
    (Bloomberg) -- Foreign investors are selling short-dated Treasuries, which suggests there’s more room for yields to rise as some buyers step back from paper that’s considered expensive. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThere’s been renewed selling in the less-tha  ( 31 min )
    Nvidia’s Earnings Don’t Matter. Future AI Chip Supply Is Everything.
    Nearly everyone realizes demand for the company's artificial intelligence chips will likely outstrip supply for a while.  ( 26 min )
    Nvidia options show traders positioned for outsized share move after earnings
    Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed. Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data. A move of that magnitude would be larger than the 8.6% average swing on the day after the chipmaker's results over the last eight quarters, but still well below the 24.4% jump after the last earnings report.  ( 31 min )
    Schwab Selling $2.35 Billion Bond Amid Job, Real Estate Cuts
    (Bloomberg) -- Charles Schwab Corp. is looking to raise fresh debt in the US investment-grade bond market, after revealing plans to cut jobs and close or downsize offices to curb costs. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesThe financial services firm brought a benchm  ( 31 min )
    Analyst Report: Sun Life Financial, Inc.
    No content preview
    Market Update: PSA, SLF, PANW, WRK
    No content preview
    Analyst Report: Palo Alto Networks Inc
    No content preview
    Analyst Report: WestRock Co
    No content preview
    Analyst Report: Public Storage
    No content preview
    Elon Musk's SpaceX Rockets To $140 Billion Valuation Following Recent Share Sales By Investors Adding $61 Billion To Musk's Net Worth
    The race to space exploration has been heating up, with Elon Musk's SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company. The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document se  ( 33 min )
    Wall Street is declaring victory too early — the US is still headed for a recession
    Leading economists say the threat of recession has passed, but there's a lot of reasons to think the worst is yet to come.  ( 36 min )
    VinFast shares more than double to highest since market debut
    In the latest volatile session since its backdoor listing last week, VinFast's stock was last up 127% at $40.24, giving it a market capitalization of $95 billion. Last Tuesday, the cash-burning company soared as it started trading on the U.S. stock market with an opening price of $22 following its tie-up with SPAC partner Black Spade Acquisition. With 99% of the EV firm controlled by founder Pham Nhat Vuong, the tiny amount of publicly available shares has made the stock prone to volatility.  ( 31 min )
    Schwab Plans Layoffs, Offices Closures in Effort to Rein in Costs. Investors Still Aren’t Happy.
    The stock is down about 32% this year, and fell again on Tuesday after Schwab outlined plans to rein in expenses.  ( 26 min )
    30-Year Mortgage Rates Jump to New High
    Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )
    Kelcy Warren purchases nearly $40 million in Energy Transfer shares
    The move follows the company's recent announcement that it plans to acquire Crestwood Equity Partners in a $7.1 billion deal.  ( 9 min )
    Bullish Nvidia Bets Explode Ahead of Earnings
    There's a rush into Nvidia options ahead of the chip maker's earnings tomorrow, with many traders eyeing trades that would profit if the shares kept soaring. Some of the most popular trades early Tuesday are calls tied to the shares jumping to $500 or even $700, Cboe Global Markets data show. Calls  ( 21 min )
    Putin Tells Government, Central Bank to Control Capital Outflow
    (Bloomberg) -- President Vladimir Putin demanded steps to control the outflow of capital from Russia and to reduce volatility in financial markets, warning of the threat from rising prices following the slump in the ruble.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Ma  ( 31 min )
    3M picks a leader for health care spinoff, names new president
    3M announced three leadership changes Tuesday as it prepares to spin off its health care division into an independent company.  ( 11 min )
    EV Stock VinFast Surges in Another Wild Session
    Shares of VinFast jumped roughly 88% on Tuesday, continuing a streak of big swings in trading since the electric-vehicle stock debuted on the Nasdaq last week. VinFast more than tripled in its public debut, then fell for three straight sessions. The stock is still up more than 200% since VinFast's  ( 21 min )
    Charles Schwab Stock Falls After Cost-Cutting Announcement
    A new plan to trim expenses has Charles Schwab shares selling off. The stock is down 4% on Tuesday morning, after the brokerage firm said Monday it aims to save $500 million annually by [reducing its office space and trimming headcount](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-  ( 22 min )
    EV Stock VinFast Is Soaring Again. It Makes No Sense.
    Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.  ( 26 min )
    'ChatGPT Does 80% Of My Job' — How AI Enables People To Work Second And Third Jobs
    A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools like ChatGPT continues to soar, concerns are growing about the impact on the global job market. With the potential for job  ( 33 min )
    Two-Year Treasury Yields at 5% Is ‘Pain Trade’ for Banks, TD Says
    (Bloomberg) -- While higher interest rates can juice profits for a slew of lenders, a senior TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThe  ( 31 min )
    3M Makes Management Moves Ahead of Spinoff. Investors Are Still Nervous.
    The materials company named a CEO for its healthcare business and added some responsibilities for its CFO.  ( 27 min )
    S&P just downgraded some big banks. Here are the 5 that are impacted.
    Move to cut the lenders' credit rating comes only weeks after Moody's slashed its ratings on several banks.  ( 33 min )
    Nvidia Earnings or Powell’s Jackson Hole Speech? What’s More Important for Markets.
    Nvidia earnings have the potential to keep the tech rally going, but investors shouldn't forget the markets mantra: Don't fight the Fed.  ( 27 min )
    Nvidia's Hot Streak Before Earnings Is Unusually Strong
    Nvidia stock is selling off on Tuesday, but the recent rally in shares ahead of Wednesday’s earnings shows that investors are still pretty enthusiastic. The stock is up 6.8% since Aug. 16, according to FactSet. If that holds up through tomorrow’s close, it will be the second-strongest rally in the  ( 22 min )
    ‘Load Up,’ Says Goldman Sachs About These 2 ‘Strong Buy’ Stocks
    Riding the wave of positive economic developments in 2023, investors have significantly increased their exposure to the stock market this year. The evidence is in the data, as pointed out by Goldman Sachs’ Chief US Equity Strategist, David Kostin. The investment firm’s US Equity Sentiment Indicator rebounded from -1.8 in December to +1.5 in July. However, during August, the bears have been trying to regain a foothold, and over the past week, that metric has fallen to +0.8. Now, Kostin says that  ( 34 min )
    U.S. Steel CEO to employees: 'Continue to focus on what you can control'
    United States Steel Corp. CEO David B. Burritt sent a letter to employees Tuesday, thanking them for staying focused as the board of directors and upper management consider offers to sell the company.  ( 10 min )
    Tesla Rebound Hits Resistance As Another Executive Steps Down
    No content preview
    Dick's Sporting Goods stock tanks as retail thieves snatch profits
    Retail crime weighed on Dick's Sporting Goods profits in the second quarter and has the retailer lowering its outlook for the full-year.  ( 34 min )
    Broadcom: One Chart Explains the Mega-Rally
    Broadcom, Inc. (AVGO) shares have jumped 54% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    IBM Agrees to Sell Weather Business
    Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines.  ( 25 min )
    Medtronic Beats Quarterly Expectations; Why It's Time To Embrace The 'Long-Term View'
    No content preview
    S&P downgrades show some regional banks still face rising pressures
    The agency lowered ratings for several mid sized banks in a new reminder of the challenges facing the industry.  ( 33 min )
    3M names Bryan Hanson as CEO of its health care business
    3M in July disclosed plans to spin off its healthcare business into a listed company, in which 3M would retain a stake of 19.9%. Hanson would join 3M on Sept. 1 as CEO of Health Care Business Group, the company said.  ( 31 min )
    Arm Has Ambitions to Be the Next Nvidia. Why the Battle for AI Is Key.
    Arm Holdings is preparing for its IPO and the model for its success will be Nvidia - an AI chip favorite. But there are potential concerns about Arm's exposure to China and the smartphone market, warn analysts.  ( 27 min )
    Nvidia stock hype is out of control, meaning investors may be overlooking this one key risk
    The bulls on Nvidia should keep something in mind: product availability.  ( 33 min )
    You're An Amazing Stock Picker If You Bought These 8 Stocks This Month
    No content preview
    These Are The 5 Best Stocks Of The Year; Some You May Not Recognize
    No content preview
    Baidu's Q2 Earnings: Strong Growth, Beats Expectations, Says Well-Positioned To Capitalize on AI
    Baidu, Inc (NASDAQ: BIDU) reported a second-quarter FY23 revenue growth of 15% year-on-year to $4.697 billion, beating the consensus of $4.570 billion. Baidu's Non-GAAP earnings per ADS of $3.11 beat the consensus of $2.32. Segments: Baidu's Core revenue increased 14% Y/Y to $3.64 billion; Online marketing revenue improved 15% Y/Y to $2.71 billion. Non-online marketing revenue grew 12% Y/Y to $937 million, driven by cloud and other AI-powered businesses. Revenue from IQIYI, Inc (NASDAQ: IQ) incr  ( 31 min )
    Macy's earnings beat estimates, but execs send warning signal on health of America's shoppers
    Macy's may have beat estimates, but it's taking a cautious outlook for the rest of the year.  ( 33 min )
    Daily Spotlight: Yield Curve Shifts Higher
    No content preview
    Macy's discounted spring goods amid cautious spending in 2Q, but results beat Wall Street views
    Macy’s swung to a loss and reported a sales decline in the second quarter as worries about inflation continue to make shoppers pull back on clothing and other discretionary purchases. Macy's reaffirmed its annual sales and profits forecasts, noting uncertainty about the economy in the second half. Macy’s is one of the last remaining retailers to report second-quarter results in an earnings season that shows how still high inflation, despite some easing, is forcing shoppers to continue to cut back on discretionary items like clothing in order to afford their larger grocery bills.  ( 32 min )
    Microsoft adjusts its Activision deal in a bid to win UK approval
    A restructured proposal from the tech giant would transfer streaming rights for all Activision games over the next 15 years to Ubisoft.  ( 33 min )
    Analyst Report: Deere & Co.
    No content preview
    Analyst Report: United Parcel Service, Inc.
    No content preview
    Analyst Report: Brighthouse Financial Inc
    No content preview
    You May Need to Rethink Where Your Retirement Income Will Come From
    A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come from 401(k) cash. That figure has now risen to 40% of workers. Consider working with […] The post You May Need to Rethink Where Your Retirement Income Will Come From appeared first on SmartReads by SmartAsset.  ( 32 min )
    Lowe’s Beats Earnings Expectations, Sticks to Full-Year Guidance. The Stock Jumps.
    The company reports earnings per share of $4.56 in the quarter, beating FactSet expectations for $4.47.  ( 26 min )
    Market Digest: DE, UPS, WBD, BHF
    No content preview
    Nvidia shares rise as AI boom lifts hopes of another strong revenue forecast
    Rising hopes of Nvidia's revenue target once again surpassing Wall Street estimates have fueled a 16.5% surge in shares over the past week. Wall Street expects Nvidia, which dominates the market for chips used to power generative AI like ChatGPT and many such services, to forecast 110% growth in third-quarter revenue to $12.50 billion when it reports results on Wednesday. Nvidia's blowout forecast last quarter had also sparked a rally in AI-stocks as well as Big Tech, making it one of the key drivers for the U.S. stocks rally this year.  ( 31 min )
    Baidu’s Second-Quarter Net Profit Rose 43% on Marketing, Video-Streaming Growth
    Baidu said second-quarter net profit climbed, thanks to growth in online-marketing and video-streaming services.  ( 26 min )
    Uber CEO Dara Khosrowshahi reveals his ‘nightmare’ moonlighting as an Uber driver
    Dara Khosrowshahi took to the streets of San Francisco to give passengers rides and deliver Uber Eats orders.  ( 33 min )
    The stock market has a 'real' problem: Morning Brief
    The stock market has been pressured by the bond market of late. And an oft-overlooked part of the Treasury market could be fueling the move.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/22/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/22/2023
    No content preview
    Microsoft Submits New Activision Deal to U.K. Regulator. Why It’s a Surprise.
    As part of the deal, Microsoft would sell the non-European streaming rights to Activision games to Ubisoft.  ( 26 min )
    Baidu Stock Jumps as China’s Google Posts Huge Earnings Beat, Cuts Through Macro Gloom
    Strong results at Baidu cut through macroeconomic concerns over China that have recently weighed on the country's stocks.  ( 27 min )
    New U.S. Buyback Tax Hits Companies With $3.5 Billion Burden
    Companies are disclosing the impacts of the 1% tax on share repurchases.  ( 26 min )
    Is Nvidia the New Tesla? Options Traders Place Their Bets
    Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.  ( 27 min )
    Baidu Sales Beat Estimates in Good Sign for Internet Economy
    (Bloomberg) -- Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Clima  ( 33 min )
    Sudden Rally in China Stocks Has Traders Scratching Their Heads
    (Bloomberg) -- Chinese stocks staged a sudden rally late on Tuesday, with several traders attributing the rebound to technical reasons in the absence of any fresh triggers.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateIn Hong Kong, the Hang Seng Index climbed nearly 2% within  ( 31 min )
    Housing market affordability is worse now than at the height of the housing bubble in 2006
    Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.  ( 32 min )
    China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
    (Bloomberg) -- China is extending two lines of currency defense to support the yuan, pushing up funding costs in the offshore market and battling back once more with a stronger-than-expected reference rate for the managed currency.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Marke  ( 30 min )
    S&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Climate
    (Bloomberg) -- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapQuant Trader Doub  ( 30 min )
    S&P downgrades multiple US banks citing 'tough' operating conditions
    S&P downgraded the ratings of Associated Banc-Corp and Valley National Bancorp on funding risks and a higher reliance on brokered deposits. It also downgraded UMB Financial Corp, Comerica Bank and Keycorp, citing large deposit outflows and prevailing higher interest rates. A sharp rise in interest rates is weighing on many U.S. banks' funding and liquidity, S&P said in a summarized note, adding that deposits held by Federal Deposit Insurance Corp (FDIC)-insured banks will continue to decline as long as the Federal Reserve is "quantitatively tightening."  ( 31 min )
    Gold climbs above $1,900 handle as US dollar steps back
    (Reuters) -Gold prices firmed above recent lows on Tuesday, with the non-yielding asset holding ground despite U.S. Treasury yields powering to nearly 16-year highs as investors look ahead to central bankers' meeting this week for clues on interest rates. "Potential buyers have been waiting to see how far gold could fall, and this could be the beginnings of their re-entering the market in force," said Clifford Bennett, chief economist at ACY Securities. Any correction in the U.S. dollar from recent highs could immediately ignite a strong gold market rally, he said.  ( 31 min )
    After Nvidia's last 'shock-and awe' earnings, here's what Wall Street expects from the 2nd-quarter report
    No content preview
    Top China Hedge Fund Blames Foreign Investors for Stock Rout
    (Bloomberg) -- A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels since November.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateForeign funds are primary drivers of Chinese stocks’ recent selloff, said Li Bei,  ( 32 min )
    Tech stocks just flashed a 'sell' signal ahead of Nvidia's big earnings report
    No content preview
    BHP’s Full-Year Profit Falls 37% as China’s Metals Demand Wanes
    (Bloomberg) -- BHP Group Ltd., the world’s biggest miner, reported a 37% decline in full-year profit, missing analysts’ forecasts, as China’s struggling economy weighed on demand for iron ore and other commodities.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnUnderlying at  ( 31 min )
  • Open

    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 19 min )
    Underwriting Expenses: What They are, How They Work
    Underwriting expenses consist of a wide range of costs and expenditures associated with underwriting activity.  ( 18 min )
    New York City Economic Tracker: August 7, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    CD Rates Climb to New Record in Every Term. Will They Go Even Higher?
    CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?  ( 17 min )
    Top CDs Today: 5.85% Jumbo CD Is New National Leader
    Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.  ( 19 min )
    Santander Bank CD Rates: July 2023
    With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )
    Charles Schwab CD Rates: August 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 21 min )
    S&P 500 Gains and Losses Today: Banking Stocks Lose Ground After S&P Downgrades
    The S&P 500 dipped 0.3% on Tuesday, Aug. 22, 2023, dragged down by weakness in the banking sector following S&P's downgrade of several lenders.  ( 17 min )
    Visa Card: Definition, Types, How They Work, vs. Mastercard
    Visa is a major card network but doesn't issue credit cards itself. Cards with the Visa brand include credit, debit, prepaid, and gift cards.  ( 23 min )
    Debt-to-Limit Ratio: Definition, Impact, Example & How to Improve
    Your debt-to-limit ratio compares your outstanding debt to your available credit and is an important factor in your credit score.  ( 23 min )
    U.S. Bank CD Rates: August 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )
    Dormancy Fee: How It Works With Payment Cards & Ways to Avoid It
    Credit cards can no longer charge dormancy or inactivity fees, but other types of cards and financial accounts still can.  ( 24 min )
    What Is a Leveraged Loan? How Financing Works, and Example
    A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history.  ( 22 min )
    Three-Quarters Of 50+ Adults Worry Social Security Will Dry Up. Are They Right?
    Older adults are growing more fearful that the Social Security program will run dry, a fear that has some basis in reality, but which may or may not come true.  ( 18 min )
    American Express CD Rates: August 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )
    What Happened to Coinbase Pro?
    In November 2022, Coinbase began migrating customer accounts from Coinbase Pro to Coinbase Advanced Trade. Find out what this means for new and existing users.  ( 17 min )
    Financial Plans: Meaning, Purpose, and Key Components
    A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them.  ( 25 min )
    Here's Where Climate Change Could Cause Credit Downgrades
    Add this to the many ways that we all could end up paying for the effects of climate change: The U.S. and other countries could see their credit ratings tumble, making their debts harder to pay off.  ( 17 min )
    Uniswap (UNI): What it is, Pros and Cons, FAQs
    Uniswap (UNI) is a cryptocurrency and decentralized exchange for trading digital assets. UNI holders can earn rewards and participate in governance.  ( 22 min )
    What Is a Convertible Term Life Insurance Policy?
    A convertible insurance policy allows the insured to convert a term policy to a permanent policy at a later date.  ( 20 min )
    Personal Loan Rates & Trends, Week of Aug. 21, 2023: Rates Bounce Up
    Personal loan rates jumped this week to 20.87%, adding 28 basis points since last week when the average personal loan rate sat at 20.59%.  ( 18 min )
    Pet Insurance Pre-existing Condition Exclusions
    Pet insurance can help you save on veterinary care. Learn how pre-existing condition exclusions apply when purchasing pet insurance coverage.  ( 21 min )
    FTC Caught Scammers Offering Student Loan Debt Relief. How to Avoid Getting Tricked
    The Federal Trade Commission (FTC) recently uncovered a scam targeting student loan borrowers that made $8.8 million by promising debt relief.  ( 17 min )
    IBM Agrees to Sell Weather Company Assets to Francisco Partners
    Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 17 min )
    Inflation vs. Deflation: What's the Difference?
    Understand the differences between inflation and deflation, their effects on economies and consumers, and why economies frequently teeter between the two.  ( 23 min )
    Why You Should Front-Load Your 529 Plan
    If you can, take advantage of a little-known tax break and front-load your 529 plan to maximize the effect of compounding.  ( 24 min )
    Are You Ready to Rent?
    Moving out into your first rental is a big step, so be financially prepared.  ( 21 min )
    What Is Crypto Winter?
    Crypto winter is a period of lower cryptocurrency prices compared to prior highs. This is similar to a bear market in the stock market.  ( 21 min )
    10 Most Successful Women Entrepreneurs
    These successful women entrepreneurs have built global brands and fortunes through their own hard work and strong drive.  ( 25 min )
    Using Your 529 Savings to Study Abroad
    Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.  ( 22 min )
    Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
    Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 17 min )
    Inventory Theft Hurts DICK's Sporting Goods' Earnings
    DICK's reported a 13% decline in EPS and a drop in gross margin, attributable in part to the growing problem of inventory shrinkage across the retail industry.  ( 17 min )
    S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
    More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 18 min )
    30-Year Mortgage Rates Jump to New High
    Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )
    Markets Mixed Midday as Bank Stocks Face Pressure After Downgrades
    U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 16 min )
    July Existing Home Sales Fall 2.2%
    Existing home sales fell more than estimated in July, dropping by 2.2% to 4.07 million at an annualized rate, according to a report out Tuesday.  ( 16 min )
    How the Balance of Trade Affects Currency Exchange Rates
    A country's balance of trade can affect its exchange rate when trade surpluses or trade deficits influence the supply of or demand for the country's currency.  ( 20 min )
    MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
    MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 17 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )
    A Penalty-Free Way to Get 529 Money Back
    Your 529 plan withdrawals that aren’t used for qualified education expenses can be subject to tax and a 10% penalty. Here’s how to avoid that penalty.  ( 25 min )
    How Do I Use the Rule of 72 to Calculate Continuous Compounding?
    The rule of 72 is a mathematical shortcut used to predict when a population, investment, or other category will double in size for a given rate of growth.  ( 20 min )
    Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
    Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 17 min )
    Economic Indicators That Help Predict Market Trends
    Although imperfect, these leading economic indicators can help investors predict and react to where the market is headed.  ( 25 min )
    Focus List Definition and Uses
    A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )
    How to Use a Personal Loan
    Personal loans are flexible and can be used for many purposes. However, there are some risks involved with using personal loans.  ( 24 min )
    What Are the Easiest Personal Loans to Get Approved For?
    While there are several kinds of personal loans that are easy to get approved for, these tend to be more costly than a traditional personal loan.  ( 24 min )
    Baidu Revenue Tops Estimates, Robo Taxi Rides Jump
    Chinese e-commerce company Baidu reported revenue 15% higher, beating analysts' estimates, while its automated taxi service grew.  ( 16 min )
    Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
    Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 17 min )
    Top 10 U.S. Economic Indicators
    Review 10 key economic indicators for the U.S. economy and learn about each one. Find out what they indicate and how to interpret them.  ( 24 min )
    Producer Price Index (PPI): What It Is and How It's Calculated
    The producer price index is a monthly measure of change in the prices received by domestic producers.  ( 26 min )
    Unemployment Rates: The Highest and Lowest Worldwide
    The highest and lowest unemployment rates in the world vary dramatically, even among the world's largest economies, and low unemployment doesn't mean wealth.  ( 25 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    Form 1099-NEC: Nonemployee Compensation
    Form 1099-NEC is an Internal Revenue Service (IRS) form for businesses to report payments made to nonemployees, such as independent contractors.  ( 21 min )
    Core Retail Sales: What They are, How They Work, FAQs
    Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 22 min )
    5 Things to Know Before Markets Open
    Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 19 min )
    Structural vs. Cyclical Unemployment: What's the Difference?
    Cyclical unemployment and structural unemployment differ greatly. Here we describe how different types of unemployment impact workers and the economy.  ( 36 min )
    How Does Money Supply Affect Inflation?
    Learn about two competing economic theories of the role of money supply and whether money supply causes inflation in the economy.  ( 23 min )
    Marcus CD Rates: August 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    PNC Bank CD Rates: August 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )
    Sallie Mae Bank CD Rates: August 2023
    You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )
    Synchrony Bank CD Rates: August 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )
    TD Bank CD Rates: August 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )
    Wells Fargo CD Rates: August 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )
    Navy Federal CD Rates: August 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 23 min )
    Bank of America CD Rates: August 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 22 min )
  • Open

    S&P 500 Gains and Losses Today: Banking Stocks Lose Ground After S&P Downgrades
    The S&P 500 dipped 0.3% on Tuesday, Aug. 22, 2023, dragged down by weakness in the banking sector following S&P's downgrade of several lenders.  ( 1 min )
    Markets Mixed Midday as Bank Stocks Face Pressure After Downgrades
    U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 1 min )
    5 Things to Know Before Markets Open
    Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 1 min )
  • Open

    Minder Gronings gas leidt tot economische krimp in de provincie
    De Groningse economie is in de maanden april, mei en juni flink gekrompen. Dat komt door de afbouw van de gaswinning in de provincie.  ( 3 min )
    Essent verlaagt prijzen voor stroom en gas, maar roept op tot zuinigheid
    Na Vattenfall kondigt ook energiemaatschappij Essent lagere energietarieven voor klanten met een variabel energiecontract aan. Hoewel Essent minder vraagt voor stroom en gas, moedigt het bedrijf klanten nog wel aan zuinig aan te doen.  ( 4 min )
    Toezichthouder blokkeert megawinsten op stadsverwarming
    Toezichthouder ACM gaat ervoor zorgen dat leveranciers van stadsverwarming geen torenhoge winsten kunnen maken. Dat moet voorkomen dat gebruikers van stadsverwarming te veel betalen voor hun energie.  ( 3 min )
    Big Bazar komt weer niet opdagen bij rechtszaak over ontruiming panden
    Big Bazar heeft ook verstek laten gaan bij een rechtszaak die is aangespannen door twee verhuurders in Drenthe. Dat gebeurde eerder ook al in Alkmaar. Toen zei de winkelketen dat het om een fout in de agenda ging.  ( 4 min )
    Vertraging scheepvaart op Panamakanaal loopt verder op door droogte
    Schepen die door het Panamakanaal willen varen, moeten steeds langer wachten. Door de droogte en lage waterstanden in Panama is een grote opstopping ontstaan. De wachttijd voor schepen loopt flink op.  ( 3 min )
    Aantal reizigers op Schiphol nog altijd niet op niveau van voor corona
    Schiphol heeft in juli iets meer dan zes miljoen reizigers verwerkt. Het was voor het eerst sinds oktober 2019 dat het maandelijkse aantal reizigers boven de zes miljoen uitkwam. Wel zijn het er nog beduidend minder dan in juli 2019.  ( 3 min )
    Beleggers zien mandje aandelen en fondsen 5 miljard euro in waarde stijgen
    Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )
    Britten zijn boos: topbestuurders verdienen 118 keer zoveel als gemiddeld in VK
    De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )
    Flitsbezorger Getir ontslaat 2.500 medewerkers, onduidelijk hoeveel in Nederland
    Het Turkse boodschappenbezorgbedrijf Getir gaat reorganiseren. Dat betekent dat 2.500 medewerkers van het bedrijf hun baan verliezen. Dat is ongeveer 10 procent van het personeelsbestand.  ( 3 min )
    Ergernis over exorbitante salarisverhoging van Britse CEO's
    De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )
    Microsoft doet nieuwe toezegging voor overname gamestudio Activision Blizzard
    Microsoft heeft nieuwe toezeggingen gedaan om gameontwikkelaar Activision Blizzard alsnog te mogen overnemen. De Britse toezichthouder CMA blokkeerde de deal in juni, omdat de softwaregigant anders mogelijk te machtig wordt op de markt voor online games.  ( 4 min )
    Particuliere belegger deed goede zaken in tweede kwartaal
    Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )
    VS heft handelsbeperkingen voor 27 Chinese bedrijven op
    De Verenigde Staten hebben 27 Chinese bedrijven en organisaties van de 'zwarte lijst' gehaald. Bedrijven op die lijst hebben beperkte toegang tot Amerikaanse technologie.  ( 3 min )
    Oekraïne probeert graanexport weer op gang te krijgen
    Oekraïne wil de graanexport herstellen nu Rusland uit de graandeal is gestapt. Kiev is in gesprek met verzekeringsmaatschappijen die graanschepen in de Zwarte Zee kunnen dekken.  ( 3 min )
    Winkeliers kunnen iPhone nu gebruiken als betaalautomaat
    Apple rolt dinsdag zijn nieuwe dienst Tap to Pay uit in Nederland. Daarmee kunnen winkeliers van hun iPhone een pinapparaat maken.  ( 3 min )
  • Open

    IBM Agrees to Sell Weather Company Assets to Francisco Partners
    Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 1 min )
    S&P Downgrade of Banks' Credit Could Make Borrowing Even Tougher
    More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 1 min )
    Bank of America Offering Credit Card Rewards for Electric Vehicle Owners
    Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 1 min )
    MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million
    MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 1 min )
    Lowe's Beats Earnings Estimates as Sales Fall Less Than Expected on Online Growth
    Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 1 min )
    Microsoft Restructures Activision Acquisition to Secure Approval From UK Regulator
    Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 1 min )

  • Open

    There are 2 big catalysts that could spark a stock market rally this week, according to Fundstrat
    No content preview
    Charles Schwab slashing jobs, offices to streamline operations
    The Charles Schwabe Corporation reported in an SEC filing Monday it plans to close or downsize some corporate offices and reduce its headcount to cut costs.  ( 31 min )
    Kenvue Will Join the S&P 500 Friday. It Could Boost the Stock.
    The action could lift shares of Kenvue, but Johnson & Johnson stock could come under pressure due to index selling.  ( 26 min )
    Long Jim Cramer ETF Shutters After Luring in Just $1.3 Million
    (Bloomberg) -- An exchange-traded fund that aimed to track CNBC anchor Jim Cramer’s stock picks is planning to shutter just five months after launching.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe Long Cramer Tracker ETF (ticker LJIM) will stop trading Sept. 11, accor  ( 31 min )
    Charles Schwab puts a price tag on shedding real estate, cutting jobs and trimming other expenses
    Charles Schwab is spending hundreds of millions to exit facilities and cut jobs.  ( 10 min )
    Facebook users in US have until Friday to claim their piece of Meta's $725 million settlement
    Facebook users in the U.S. have until Friday to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay last year.  ( 31 min )
    AMC Stock Tumbles 24% Ahead of Friday’s ‘APE’ Conversion
    AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )
    Half of Americans lack a retirement plan. Here are the worst states.
    States with many workers without retirement savings are likely to face a spike in senior poverty, researchers say.  ( 30 min )
    Bond Yields Are the Highest in a Decade. 4 Reasons Behind the Surge.
    The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )
    Nvidia bulls pile in after HSBC raises price target
    Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.  ( 31 min )
    American Airlines Stock Jumps After Pilots Get 46% Pay Boost
    Carrier American Airlines struck a new four-year contract that immediately raises pay by 21% and adds additional benefits, including changes in scheduling.  ( 27 min )
    Grant Cardone Asks: How Do Politicians Become Millionaires Making Under $200,000 Per Year? Economist Identifies 'Suspicious Personal Profit Pattern'
    Grant Cardone, a renowned sales trainer, speaker and entrepreneur with an estimated net worth of $600 million, recently took to X, formerly Twitter, to raise a thought-provoking question: "Can someone explain to me how public servants (politicians) are becoming multimillionaires on $100,000 salaries?" While the message did not specify which public servants he was referring to, it is presumed that Cardone’s remarks were primarily aimed at members of the U.S. Congress. See more on startup investin  ( 32 min )
    Zoom earnings top estimates, outlook gets lift from AI
    Zoom stock popped by more than 6% following earnings results.  ( 32 min )
    Top CD Rates Today: National Leader Holding at 5.75%, Plus One New Top-Tier Option
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )
    Steelworkers could tip scales for Cleveland-Cliffs' bid for U.S. Steel
    Who will end up acquiring U.S. Steel? One analyst thinks the road for a successful buyer runs, in part, through United Steelworkers.  ( 10 min )
    A troubling share of Americans aren't paying their credit cards in full: survey
    J.D. Power found that 51% of Americans can’t pay off their entire balance each month and instead let it revolve to the next month.  ( 33 min )
    S&P 500: Cybersecurity Giant Soars On Earnings; Tesla, Nvidia Are Big Winners
    No content preview
    Bond Yields Are the Highest in a Decade. 4 Reasons Why.
    The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )
    Hawaiian Electric Faces Claims for Vast Fire Damage. Remember PG&E’s Bankruptcy.
    At least four lawsuits have been filed against the utility in connection with the wildfires that devastated Maui.  ( 27 min )
    These 15%-Yielding Dividend Stocks Look Very Attractive Right Now, Analysts Say
    Everyone has their crystal ball out, trying to figure out where stocks are going. The market’s recent performance is no guide – stocks rose sharply through most of this year, but this August has seen several weeks of consecutive declines. Looking forward, both the bulls and bears can present solid arguments. Marko Kolanovic, J.P. Morgan’s Chief Global Market Strategist, sides with the latter, as he believes the market is on the verge of a downturn. Kolanovic notes that US households built up mor  ( 35 min )
    China facing ‘downward spiral’ as property crisis deepens
    China is facing a “downward economic spiral” amid a mounting crisis in its debt-laden property sector, analysts have warned.  ( 32 min )
    Nasdaq set to break losing streak as stocks look for rebound: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )
    American Airlines pilots ratify a new contract that includes big pay raises and bonuses
    American Airlines pilots have approved a new contract that will raise their pay about 41% over four years, their union said Monday. The Allied Pilots Association said that 73% of pilots who took part voted in favor of the four-year contract, which it valued at $9.6 billion. “This contract is a big first step toward restoring the wages, benefits, and work rules that were lost during the past two decades while our profession was under continuous assault," said union President Ed Sicher.  ( 31 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s journey with Apple showcased his belief in the power of personal computers. See more on startup investing from Benzinga: Until 2016 it wa  ( 33 min )
    'Godfather Of AI' To Offer Quarterly Results; Can Investors Refuse?
    No content preview
    Gas prices hit 2023 highs in California as Tropical Storm Hilary hammers state
    Gasoline in California is at a 2023 high. Here's why  ( 33 min )
    Market Digests $1 Trillion Jump in T-Bill Supply Without Hiccup
    (Bloomberg) -- The government has issued an eye-watering $1 trillion in Treasury bills since the debt-ceiling was suspended in early June. So far, the market hasn’t batted an eye.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBig Tech Powers Stock Gains as Nasdaq 100 Rises 1%: Markets WrapFor all the concerns about whether the market wo  ( 31 min )
    AMC Stock Tumbles 24% Ahead of Friday’s ‘APE’ Conversion
    AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )
    Global stock markets have been buoyed by 'stupid' people ignoring China and Russia risks, veteran investor says
    No content preview
    Exclusive-Cybersecurity firm SentinelOne explores sale -sources
    SentinelOne Inc, a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale, according to people familiar with the matter. It had benefited from a bonanza in technology spending during the COVID-19 pandemic, fueled by remote work, which fizzled as companies slashed their information technology budgets as the economy slowed. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said.  ( 32 min )
    Meta's Threads Prepares To Counter Elon Musk's X, Tesla Data Breach Affects Over 75K People, Medical Properties Trust's Prospect Medical Deal On Hold: Today's Top Stories
    Wall Street Journal Mark Vs. Elon: Meta's Threads Prepares To Counter Musk's X With Web Version Meta Platforms Inc (NASDAQ: META) is gearing up to launch a desktop version of its microblogging application, Threads. The anticipated web version seeks to address a significant request from its user base and comes as a notable upgrade to its rivalry against Elon Musk's X. After Meta's initial release of Threads in July, it witnessed a surge in popularity, but its momentum has noticeably slowed recent  ( 35 min )
    Analyst Report: Republic Services, Inc.
    No content preview
    Analyst Report: TJX Companies, Inc.
    No content preview
    Market Update: APD, RSG, TJX
    No content preview
    Nvidia Targets Keep Rising as Analysts Bet on Earnings Blowout
    (Bloomberg) -- Nvidia Corp. shares climbed as much as 5.4% on Monday, as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBond Slide Takes Wind Out of Stocks Amid Fed Angst: Markets WrapThe ave  ( 32 min )
    Stocks lose steam as August slump drags on: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )
    Warren Buffett Bets On The U.S. Housing Market With 3 New Investments — Be Greedy When Others Are Fearful?
    The U.S. housing market has been under pressure as a result of substantial interest rate hikes from the Federal Reserve. But that hasn't deterred legendary investor Warren Buffett from placing big bets in the sector. In its latest 13F filing with the Securities and Exchange Commission, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) disclosed new stakes in three U.S. homebuilders. Investors often pay close attention to Buffett's 13F filings because of his track record of generating consiste  ( 33 min )
    Nvidia Stock Makes Key Technical Moves Amid 'AI Tidal Wave Of Spending'
    No content preview
    FedEx and UPS Stocks Drop. Amazon Shipping Is to Blame.
    Shares of FedEx and Amazon are both falling after investors learn that Amazon has restarted a third-partly logistics offering.  ( 26 min )
    US borrowing costs highest since 2007 amid interest rate fears - latest updates
    Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank has said, as weak demand from abroad and high interest rates take their toll on Europe’s industrial powerhouse.  ( 44 min )
    Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
    (Bloomberg) -- The yield on 10-year inflation-protected Treasuries exceeded 2% for the first time since 2009, extending its ascent from year-to-date lows near 1%.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe benchmark rose as much as 6 basis points to 2%, before easing a  ( 31 min )
    Subway nears $9.6 billion sale to Arby's owner Roark - WSJ
    Roark Capital is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.  ( 29 min )
    Moderna Stock Rises Ahead of Fall Covid-19 Booster Campaign
    It has been a tough year for the stock prices of Covid-19 vaccine makers, but today is a different story. Moderna shares are up 7% Monday, after a Biden administration official urged Americans to get booster shots for the disease this fall. Moderna [said in a release last week](https://investors.mo  ( 22 min )
    ‘Worried but Optimistic’: David Einhorn Makes a Move on These 2 Buy-Rated Stocks
    Coming off last year’s merciless bear market year, billionaire value investor David Einhorn managed to buck the trend and steer his hedge fund Greenlight Capital to its best performance in a decade. Now, Einhorn finds himself a bit worried about what might come next. “If we were ‘bearish’ until March and ‘neutral’ through June, we would now characterize ourselves as ‘worried,’” he recently said. “Should long-term interest rates rise, either due to the strong economy or due to supply/demand issue  ( 34 min )
    Stocks open higher after three-week slump: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )
    J&J’s Kenvue Exchange Offer Was Too Popular. What Happens to Shares Now.
    Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )
    Nikola Stock Is Falling. Blame a Bond Sale and an Unsettling Recall Update.
    The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )
    Broadcom’s VMware Takeover Is Approved by U.K. There Are 2 More Hurdles Left.
    The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )
    Nvidia’s Earnings Have Wall Street Excited. Why That’s a Risk.
    Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )
    Cano Health names permanent CEO, founder leaves board
    The company has been in a dispute with a group of former board members.  ( 10 min )
    FedEx Pilots Are Worried About Their Jobs
    A decline in parcel volume and a combination of the Express and Ground units leaves the company with an excess of 700 pilots.  ( 25 min )
    Apple stock is having an awful August, now in correction
    The selling pressure persists for Apple as concerns over the growth outlook remain in focus.  ( 33 min )
    Tesla Stock Is Set to Snap Its Losing Streak. These Catalysts Will Help, Says Analyst.
    For the rest of 2023, Baird analyst Ben Kallo has six "best ideas" for investors. Tesla is one of them.  ( 27 min )
    XPeng upgraded, Napco downgraded: Wall Street's top analyst calls
    XPeng upgraded, Napco downgraded: Wall Street's top analyst calls  ( 34 min )
    Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
    I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.  ( 34 min )
    The One Stock to Watch in Trading This Week: Nvidia
    The poster child for 2023's artificial intelligence frenzy, Nvidia, reports earnings this week. The stakes are high ahead of this week's earnings report—not just for Nvidia, but for the broader market. Many analysts have [turned bullish on the stock](https://www.wsj.com/finance/stocks/the-ai-trade-  ( 22 min )
    J&J Exchange Offer for Kenvue Is Substantially Oversubscribed
    Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )
    Palo Alto stock surges after 'unique' Friday earnings release: 'Clearly, we have enjoyed the attention.'
    After a rare decision to announce earnings on a Friday afternoon, Palo Alto Networks' results didn't bring the bad news many had expected.  ( 33 min )
    Biggest U.S. Hospital Landlord Slashes Dividend as Tenants Struggle
    Medical Properties Trust slashed its dividend on Monday, an acknowledgement that its previous payouts had become unsustainable. The Birmingham, Ala.-based real estate investment trust, the nation’s largest hospital landlord, said it would cut its quarterly dividend per share to 15 cents from 29 cen  ( 22 min )
    Regeneron Stock-Price Targets Rise as FDA Approves Higher Dose of Eye Drug
    The Food and Drug Administration approved 8-milligram doses of Eylea, a treatment for wet age-related macular degeneration.  ( 27 min )
    Bitcoin Slips. The Worst Might Not Be Over.
    After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )
    Target and Bud Light Boycotts Hit Sales. The Impact Should Be Over Soon.
    The effect of politically motivated boycott calls on consumer companies may be overblown, research suggests.  ( 27 min )
    Newly formed Permian Resources Corp. to acquire Earthstone Energy in $4.5B deal
    A Midland-based company that formed through a merger just under a year ago has agreed to pay $4.5 billion to acquire a Houston-area energy company that's been on an acquisition streak of its own.  ( 12 min )
    Tesla Bounces Back As Cybertruck, New Model 3, Excitement Take Over; Is TSLA's Slide Over?
    No content preview
    Dow Jones Futures Rise With Powell Speech On Deck; Nvidia Jumps On Price-Target Hikes
    No content preview
    Stock futures point to rebound after three-week slump: Stock market news today
    Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )
    Permian Resources to Buy Earthstone Energy in $4.5 Billion Deal. There’s More to It.
    Permian Resources plans on increasing its quarterly dividend by 20% to 6 cents a share beginning in the first quarter of 2024.  ( 26 min )
    Nikola Stock Is Falling. A Bond Sale and Unsettling Recall Update Are Why.
    The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )
    Quant Trader Doubles Fortune to $11 Billion as XTX Profit Surges
    (Bloomberg) -- A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnAlex Gerko’s fortune has surged to $  ( 32 min )
    Nikola Falls After Warning of Risk to 2023 EV Delivery Guidance
    (Bloomberg) -- Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe company also said in a reg  ( 31 min )
    9 Plunging Stocks Suffer 50% Of S&P 500's $2 Trillion Meltdown
    No content preview
    Mark Zuckerberg’s new ‘in-person time policy’ will crack down on Meta’s remote work rebels
    Employees who don't comply with the new rules could face termination or see their performance reviews impacted.  ( 33 min )
    Weekly Stock List
    No content preview
    Broadcom’s VMware Takeover Is Approved by U.K. The U.S. and China Are the Last Hurdles.
    The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )
    Nvidia’s Upcoming Earnings Have Wall Street Overexcited. Why That’s a Risk.
    Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )
    J&J says it will retain 9.5% stake in Kenvue carve-out after exchange offer
    Investing.com -- Shares in Johnson&Johnson (NYSE:JNJ) slipped on Monday after the American healthcare giant said it will retain about a 9.5% stake in its consumer health carve-out Kenvue (NYSE:KVUE) following a share exchange offer.  ( 31 min )
    XPeng Stock Surges on Upgrade. Positive Free Cash Flow Is in Sight.
    BofA Securities analyst Ming Hsun Lee upgraded XPeng stock to Buy from Hold, raising his price target to $22 from $16.30.  ( 26 min )
    Goldman Sachs weighs sale for part of its wealth business
    Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich. The Wall Street bank is evaluating alternatives for its registered investment adviser unit, called Personal Financial Management (PFM), which manages about $29 billion, it said in a statement. Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019 when it managed about $25 billion in funds.  ( 31 min )
    Daily Spotlight: Mortgage Rates Cool Builder Confidence
    No content preview
    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )
    UPDATE 2-Permian Resources to buy Earthstone Energy in $4.5 bln deal
    Permian Resources said on Monday it would buy Earthstone Energy in an all-stock transaction valued at about $4.5 billion, including debt. The deal would strengthen Permian Resources' position as a leading Delaware Basin independent producer with pro forma production of about 300,000 barrels of oil equivalent per day (boepd). Delaware Basin, a part of the wider Permian Basin, is a prime target for producers looking to increase their inventory.  ( 30 min )
    ‘We are burned out’: UAW ready to take on automakers in contract negotiations
    Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession  ( 35 min )
    Money market funds hit record as investors jump at 5% returns
    The Fed's interest rate hikes have driven money market fund yields to their highest level in decades with balances at a record high as investors look to beat inflation.  ( 32 min )
    Europe’s Gas-Guzzling Days Are Fading
    In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected.  ( 25 min )
    Nvidia earnings will be major test for AI demand, market rally
    Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Nvidia shares have nearly tripled in value this year, swelling the company's market valuation by more than $700 billion and making it the first trillion-dollar chip firm. The blistering rally in its shares means that Nvidia has little room for any earnings-related disappointment and anything other than a higher-than-expected forecast could trigger a rout in its stock, some analysts have warned.  ( 32 min )
    Chinese Stocks Drop. China’s Central Bank Delivered This Unwelcome Surprise.
    The People’s Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%, disappointing investors.  ( 26 min )
    Futures climb as focus shifts to Powell at Jackson Hole, Nvidia earnings
    Fresh evidence of a robust U.S. economy last week yet again stoked expectations that the Federal Reserve could keep rates higher for longer, driving 10-year Treasury yield to its highest level since October. Investors are now keenly waiting for comments from Fed Chair Jerome Powell on Friday at a meeting of central bankers at Jackson Hole in Wyoming that begins on Aug. 24.  ( 32 min )
    Morgan Stanley Sees Mood on US Stocks Souring, Goldman Disagrees
    (Bloomberg) -- Two of Wall Street’s top strategists are at odds about the outlook for US stocks following a three-week run of declines as debate rages over whether the economy can avoid a recession.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnWhile Morgan Stanley’s Michael  ( 32 min )
    Bitcoin Has Fallen Through Key Technical Levels. The Worst May Not Be Over.
    After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )
    China's state banks seen mopping up offshore yuan liquidity - sources
    China's major state-owned banks were seen actively mopping up offshore yuan liquidity on Monday, three people with knowledge of the matter said, a move that raised the cost of shorting the Chinese currency. State banks often act as agents for China's central bank in the offshore foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Tightening up offshore yuan liquidity could also act to stabilise the yuan, said one of the sources.  ( 30 min )
    Car Prices Might Be Unsustainable for Buyers
    Surging loan delinquencies signal that many consumers can’t afford their auto loans.  ( 27 min )
    AI Funds Are Missing Out on the AI Stock Boom
    Tech stocks are powering the bull market, but AI-powered exchange-traded funds are lagging behind.  ( 26 min )
    Oil Rises for Third Day as Tighter Market Vies With Demand Risks
    (Bloomberg) -- Oil rose for a third day as signs the physical market is tightening and a stall in the dollar’s rally offset growing demand risks in China and the US.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionGlobal benchmark Brent traded above $85 a barrel, and is up more t  ( 31 min )
    Stocks to Watch Monday: Palo Alto Networks, Zoom, Tesla
    ↗️ Palo Alto Networks (PANW): Shares rose more than 12% in premarket trading after the cybersecurity firm's earnings beat analysts' estimates. The unusually timed Friday-night release [had Wall Street worried](https://www.wsj.com/articles/cybersecur  ( 21 min )
    The old office is going extinct. Here’s what the new normal of work looks like
    Full-time in-office work is going the way of the dinosaurs. Now the choice is between hybrid and fully remote work, the survivors in the new world of work.  ( 35 min )
    U.S. Stock Futures Gain, Nasdaq Leads, With Nvidia in Focus
    U.S. stock futures were rising early on Monday after another losing week. Earnings from Nvidia and messages from the Jackson Hole symposium of central bankers are set to be the highlights of the week. Dow Jones Industrial Average futures were up 75 points, or 0.2%. S&P 500 futures gained 0.4% and N  ( 12 min )
    Palo Alto Has Healthy Momentum, Says Analyst. Its Positive Outlook Was a Relief.
    Palo Alto Networks reassured analysts with its earnings report after a brief panic over its unusual timing. It's a relief for cybersecurity peers CrowdStrike and Zscaler.  ( 27 min )
    Hang Seng Index Sees Longest Losing Streak Since 2021 Amid Gloom
    (Bloomberg) -- Chinese stocks extended losses as mainland banks surprisingly kept a key interest rate that’s linked to mortgages on hold, in a move that sent mixed messages on the country’s commitment to support the embattled property sector. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over  ( 32 min )
    These Stocks Are Moving the Most Today: Palo Alto, Meta, Napco Security, Nvidia, Zoom Video, and More
    Palo Alto Networks' fiscal fourth-quarter earnings top analysts' expectations, a report says Meta Platforms is expected this week to launch of desktop version of its microblogging app Threads, Zoom Video reports earnings after the close of trading Monday, and Nvidia reports later in the week.  ( 27 min )
    Adyen’s Most Bearish Analyst Predicts More Steep Stock Declines
    (Bloomberg) -- Adyen NV’s most skeptical analyst isn’t allowing others to wrestle away his position as the most bearish on the Street.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionCitigroup Inc.’s Pavan Daswani, who had the lowest price target ahead of last week’s share-price  ( 31 min )
    Citi Weighs Split of Institutional Clients Group: FT
    No content preview
    China’s Surprise Move on Loan Rates Shows Banks Under Pressure
    (Bloomberg) -- Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference rate for mortgages, despite the central bank putting pressure on lenders to boost loans. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAl  ( 31 min )
    Goldman Cuts China Stock Targets on Renewed Property Concerns
    (Bloomberg) -- Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy responses to address the contagion risk from a property slump, according to Goldman Sachs Group Inc.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes  ( 32 min )
    Napco Security falls sharply after accounting errors lead to restatements
    Investing.com -- Shares in Napco Security Technologies Inc (NASDAQ:NSSC) shed over a third of their value in premarket U.S. trading Monday after the high-tech electronic security equipment manufacturer said it would revise its financial statements over the first three quarters of its 2023 fiscal year.  ( 31 min )
    Some Country Garden bondholders demand full payment on yuan note
    (Bloomberg) -- Some of Country Garden Holdings Co.’s bondholders are demanding full repayment of a local bond due early next month, after the embattled Chinese property developer proposed a three-year extension for the yuan-denominated note.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $  ( 31 min )
    Stock market today: Global stocks up as traders await Fed conference for interest rate update
    Asian stocks were mixed Monday as traders looked ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation. Wall Street’s benchmark S&P 500 index edged down 0.1% on Friday to end the week lower ahead of the Jackson Hole, Wyoming, conference. Fed officials have used the event in previous year's to indicate changes in policy direction.  ( 33 min )
    Summer of angst as bond yields surge and global stocks wobble
    The MSCI All Country World Index is down nearly 6% from its recent highs, though still up 10% for the year. One key worry for investors is a surge in bond yields that has come as signs of stronger-than-expected growth in parts of the global economy fuel bets on central banks leaving interest rates at current levels for longer than expected. Meanwhile, U.S. real yields, which show what investors can expect to earn on government bonds after adjusting for inflation, stand near their highest point since 2009.  ( 33 min )
    Marketmind: China takes the slow road on stimulus
    This time the China chose to only trim its one-year benchmark lending rate by 10 basis points and leave the five-year rate unchanged, surprising analysts who had looked for cuts of 15 basis points in both. The news knocked Chinese blue-chips to a nine-month low and kept pressure on the yuan even as the People's Bank of China (PBOC) tried to support it with another firm fixing. Analysts estimate Chinese banks sold at least $2 billion offshore last week on behalf of the PBOC, but only managed a temporary pause in the yuan's decline.  ( 31 min )
    Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To
    The Federal Reserve’s interest-rate hikes and recent bank failures mean lenders aren’t competing so fiercely for jumbo loans.  ( 27 min )
    China Stocks Fall on Less-Than-Expected Support: Markets Wrap
    (Bloomberg) -- The dollar inched lower versus most of its major counterparts while Asian equity futures pointed to a cautious open to trading. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBruised Stocks Face Week Full of Tests, From Nvidia to PowellInvestors will be focused  ( 32 min )
    Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
    (Bloomberg) -- Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from authorities to bolster the market as a selloff continues.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundE-Fund Management Co. and China Asset Ma  ( 31 min )
    Chinese Developers’ Shares Fall After PBOC Holds Mortgage Rate
    Shares of many Chinese property developers fell as investor sentiment took a hit after the country’s central bank kept its mortgage rate unchanged, exacerbating concerns over problems in the country’s property sector.  ( 25 min )
    Australia Eyes Three Lost Years of Commodities Sales to China
    (Bloomberg) -- Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBeijing imposed a variety of restrictions in 2020, from tari  ( 34 min )
    Baidu’s Results May Shake Optimism Over China AI: Tech Watch
    (Bloomberg) -- Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as concerns about the sluggish Chinese economy and setbacks from a key segment of its business deepen. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAlas, Trum  ( 33 min )
    China surprises with modest rate cut amid growing yuan risks
    China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.45% from 3.55% previously, while the five-year LPR was left at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.  ( 30 min )
    Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
    Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.  ( 33 min )
    Oil Gains on Chinese Policies, Tighter Market
    Oil futures gained in early Asian trade as the market shows sign of tightening and after China announced more policies to boost economic growth.  ( 24 min )
    Yellow bankruptcy sparks bidding war, $1.5 billion bid submitted for trucking terminals
    Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.  ( 31 min )
    Oil rises on lower OPEC+ exports in August
    (Reuters) -Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. Brent crude climbed 61 cents to $85.41 a barrel by 0649 GMT, while U.S. West Texas Intermediate crude was at $81.88 a barrel, up 63 cents. Both front-month benchmark prices snapped a 7-week winning streak last week to post a weekly loss of 2% after the U.S. dollar strengthened on the possibility interest rates could remain higher for longer, with China's property crisis adding to concerns about its sluggish economic growth and oil demand.  ( 32 min )
    Asia braces for disappointment on China rate cuts
    Asian markets held their breath on Monday as investors waited to see how serious Beijing was about policy easing via widely expected rate cuts, having so far sorely disappointed with its stimulus steps. The central bank on Sunday said Beijing would coordinate financial support to resolve local government debt problems, and there have been reports it was encouraging commercials banks to lend more. Investors, however, would prefer massive fiscal spending to minor rate cuts and there is little sign of that as yet.  ( 32 min )
    DuPont to sell Delrin resins unit to PE firm for around $1.8 billion - Bloomberg News
    Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. DuPont had earlier this month raised its 2023 sales forecast betting on demand picking up for its materials used to make a wide range of products including automotive components and semiconductors.  ( 31 min )
    Taiwan’s Biggest Financial Firm Braces for Deeper China Turmoil
    (Bloomberg) -- Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundFubon Financial Holding, which operate  ( 33 min )
    Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
    (Bloomberg) -- If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk  ( 33 min )
  • Open

    Does Life Insurance Provide Peace of Mind?
    Life insurance can provide peace of mind, but only if you buy the right type of policy and amount of coverage. Here's how.  ( 26 min )
    Darla Moore School of Business Definition
    The Darla Moore School of Business is the business school of the University of South Carolina.  ( 19 min )
    S&P 500 Gains and Losses Today: Tech Stocks Lead Index Higher
    The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 16 min )
    Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
    Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 17 min )
    Multiline Insurance
    Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 19 min )
    Playing It Safe in Foreign Stock Markets
    Find out some of the lower-risk ways to invest in foreign markets.  ( 20 min )
    Can Your Insurance Company Drop You After an Accident?
    It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 20 min )
    Block Height: What it Means in Cryptocurrency
    Block Height indicates the overall length of a blockchain.  ( 19 min )
    Medical Care for Service Members
    The Military Health System (MHS), through TRICARE, provides medical care to active-duty and reserve-duty service members. Here’s how it works.  ( 25 min )
    More Analysts Believe Economy Will Have A 'Soft Landing'
    A growing number of business economists believe the U.S. economy can avoid a long-predicted recession.  ( 18 min )
    Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
    Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 17 min )
    How to Get Help From the Mortgage Relief Program
    You could suspend your mortgage payments for up to 360 days under federal law if your income was affected by COVID-19. There's still some help available.  ( 28 min )
    Top CD Rates Today: National Leader Holding at 5.75%, Plus One New Top-Tier Option
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )
    Average Expected Wages Hit Record High
    The lowest annual salary workers are willing to accept on average is the highest it's ever been.  ( 17 min )
    Want To Buy A Typical Home? Better Have A Six-Figure Income
    Today’s soaring home prices and mortgage rates mean the typical household falls short of the income needed to buy the median-priced home by more than $20,000 a year.  ( 17 min )
    Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
    Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 17 min )
    What Are the Most Important Aspects of a Capitalist System?
    Important aspects of a capitalist system include private property, private control of the factors of production, accumulation of capital, and competition.  ( 25 min )
    Brick-and-Mortar Stores: Types, Advantages, and Disadvantages
    The term "brick-and-mortar" refers to a traditional business that offers its products and services to its customers in an office or store, as opposed to an online-only business.  ( 23 min )
    The Present and Future Prospects for Big Tech Stocks
    Dan Ives, Senior Equity Analyst for Wedbush Securities and one of the industry's top analysts, takes stake of the recent selloff in tech stocks, and paints a picture of the AI future for companies including Apple, Tesla, Palantir and GM.  ( 19 min )
    Grandfather Clause: History and Types of Legacy Clauses
    A grandfather clause is an exemption that allows people or entities to continue with activities that were approved before the implementation of new rules or laws.  ( 22 min )
    How Tax Cuts Affect the Economy
    An increase or decrease in taxes affects the economy and spending decisions of individuals in higher and lower income brackets.  ( 22 min )
    What Are Examples of Cost of Goods Sold (COGS) for Businesses That Sell Online?
    Discover how online retailers can list certain expenses as a cost of goods sold (COGS) and even claim a tax deduction for them.  ( 22 min )
    Press Release: What It Is, How It Works, Pros and Cons
    A press release is a newsworthy or informational article usually issued by a firm’s public relations department.  ( 22 min )
    What Is Purchasing Power Parity (PPP), and How Is It Calculated?
    Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency/basket of goods approach.  ( 25 min )
    How Do Same-Year Tax Deductions Work for Capital Expenditures (CapEx)?
    Understand the meaning of capital expenditures (CapEx) and find out the implications for companies resulting from relevant tax laws.  ( 22 min )
    Mom-and-Pop: Meaning and Examples for Businesses and Investors
    "Mom-and-pop" is a colloquial term used to describe a small, family-owned or independent business. These types of operations often struggle to compete with more substantial establishments.  ( 24 min )
    How to Grow a Successful Business
    To build a successful business, you need more than a good—or even great—idea. Whatever type of business you have in mind, these nine essential tips can help you get it started and keep it growing.  ( 27 min )
    Small Business Administration (SBA): Definition and What It Does
    The Small Business Administration (SBA) is a U.S. government agency established to promote and strengthen the overall economy by assisting small businesses.  ( 28 min )
    IRS Offers Tax Deadline Relief To Maui Disaster Zone Residents
    The IRS has extended various tax deadlines for residents of Maui and Hawaii Counties, which were ravaged by wildfires last week.  ( 18 min )
    Markets Mixed in Midday Trading as Tech Stocks Surge
    U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 16 min )
    How the Unemployment Rate Affects Everybody
    Depending on how it's measured, the unemployment rate is open to interpretation. Learn how to find the real rate and how it affects everyone.  ( 27 min )
    Napco Shares Tumble After Accounting Errors in Earnings Reports
    Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 17 min )
    Proof of Capacity (Cryptocurrency) Overview
    Proof of Capacity is a consensus mechanism that uses a mining node’s hard drive space to decide the mining rights on the blockchain network.  ( 20 min )
    DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
    Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 17 min )
    Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
    The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 17 min )
    Marsh to Acquire Australian Company in $448 Million Deal
    The companies may need regulatory approvals before making the purchase official  ( 16 min )
    Mortgage Rates Wavering Near 21-Year Peak
    Mortgage rates held close to the 21-year highs they reached last week, with the 30-year average easing just a few basis points lower. All jumbo and ARM averages were flat.  ( 20 min )
    Meta's Threads Could Launch a Web Version as Soon as This Week
    A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 17 min )
    Hashed Timelock Contract (HTLC): Overview and Examples in Crypto
    A hashed timelock contract (HTLC) is a smart contract used in cryptocurrencies to configure time-bound contracts.  ( 21 min )
    The Public Credits the Fed For Stifling Inflation—Here’s Why That Matters
    The public largely believes the Federal Reserve is responsible for how much inflation has cooled down over the past years—and that could be music to the ears of policymakers.  ( 18 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )
    Incentive Stock Options (ISO): Definition and Meaning
    An incentive stock option (ISO) is an employee benefit that gives the right to buy stock at a discount with a tax break on any potential profit.  ( 22 min )
    The Volatility Surface Explained
    The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )
    Line Chart: Definition, Types, Examples, How To Make in Excel
    A line chart connects a series of data points with a line and is used by traders to monitor closing prices.  ( 22 min )
    Renewable Energy Certificate (REC): Definition, Types, Example
    A Renewable Energy Certificate is proof of the production of one megawatt-hour (MWh) of electricity generated from a renewable energy resource.  ( 19 min )
    Operating Income vs. EBITDA: What's the Difference?
    Operating income and EBITDA are both important numbers when analyzing a company's earnings. However, they are different measures of profitability.  ( 20 min )
    What Is Embezzlement, and How Does It Happen?
    Embezzlement is a form of fraud wherein a person or entity intentionally misappropriates assets for personal use.  ( 24 min )
    Being a Venture Capitalist: A How-to Guide
    So you want to be a venture capitalist? Learn what it takes, where to start, and what kind of attitude you will need to take on the world of venture capitalism.  ( 26 min )
    How to Cut Car Insurance Costs
    Consumers may not know they can shop for cheaper car insurance. This article features step-by-step instructions on how to evaluate and cut your costs.  ( 18 min )
    Understanding Perfect vs. Imperfect Competition
    Perfect competition is a concept in microeconomics that describes a market structure controlled entirely by market forces. If and when these forces are not met, the market is said to have imperfect competition.  ( 22 min )
    How Are Cost of Goods Sold and Cost of Sales Different?
    Cost of goods sold and cost of sales both represent direct costs involved in production. However, some companies use one term rather than the other.  ( 18 min )
    The Impact of an Inverted Yield Curve
    Understand how the relationship between short- and long-term interest rates contributes to an inverted yield curve—a noteworthy economic event.  ( 27 min )
    Is Guaranteed Life Insurance Worth It?
    Guaranteed life insurance doesn't require a medical exam or other health information, but it's more expensive than other kinds of insurance.  ( 21 min )
  • Open

    S&P 500 Gains and Losses Today: Tech Stocks Lead Index Higher
    The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 1 min )
    Markets Mixed in Midday Trading as Tech Stocks Surge
    U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 1 min )
    Napco Shares Tumble After Accounting Errors in Earnings Reports
    Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 1 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 1 min )
  • Open

    Shares of Moderna and Other COVID-19 Vaccine Makers Surge Amid Booster Push as Cases Rise
    Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 1 min )
    Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal
    Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 1 min )
    Palo Alto Networks Shares Surge After Earnings Beat on Cybersecurity Demand
    Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 1 min )
    DuPont Agrees to Sell $1.8 Billion Resins Unit to Jordan Co. It Refocuses
    Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 1 min )
    Broadcom's $69 Billion Acquisition of VMware Approved by UK Regulators
    The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 1 min )
    Meta's Threads Could Launch a Web Version as Soon as This Week
    A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 1 min )
    Marsh to Acquire Australian Company in $448 Million Deal
    The companies may need regulatory approvals before making the purchase official  ( 1 min )
  • Open

    Huizenprijzen weer in de lift na maanden van daling
    De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Ook in juni was al sprake van een kleine stijging. De maanden daarvoor zakten de huizenprijzen juist iets. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster.  ( 4 min )
    Iconische stem van It's-a me, Mario en Mamma mia stopt bij Nintendo
    De iconische uitspraken "It's-a me, Mario" en "Mamma mia" in Super Mario zullen binnenkort wellicht anders klinken. De stem achter Mario, Charles Martinet, houdt er namelijk mee op.  ( 3 min )
    Fatbikes worden om de haverklap gestolen, ANWB stopt met verzekeren
    Wie zijn fatbike wil verzekeren, kan vanaf volgende maand niet meer bij de ANWB terecht. De bond stopt op 6 september voorlopig met het aanbieden van verzekeringen, omdat de elektrische fietsen met dikke banden aan de lopende band worden gestolen.  ( 3 min )
    Autoverzekering kan flink duurder worden als je binnen eigen wijk verhuist
    Wie naar een woning een paar straten verderop verhuist, kan zomaar honderden euro's extra kwijt zijn aan een autoverzekering. Dat blijkt uit onderzoek van vergelijkingssite Geld.nl.  ( 3 min )
    Gifbeker voor Adyen niet leeg: koers daalt nog eens ruim 5 procent
    Beleggers willen nog steeds van hun Adyen-aandelen af. Op de Amsterdamse beurs zakte de koers maandagochtend zo'n 5,5 procent, nadat Adyen donderdag en vrijdag ook al flink minder waard was geworden.  ( 3 min )
    Gasprijs flink gestegen door dreigende stakingen in Australië
    De prijs voor aardgas is maandagochtend hard opgelopen. Handelaren moesten op een bepaald moment zelfs 18 procent meer betalen voor een megawattuur. Oorzaak hiervan zijn mogelijke stakingen bij productielocaties in Australië.  ( 3 min )
    Veel Vattenfall-klanten gaan minder betalen voor gas en stroom
    Vattenfall verlaagt per 1 oktober de energietarieven voor een deel van zijn klanten. Dit komt doordat het bedrijf zijn stroom en gas zelf goedkoper kan inkopen. Huishoudens gaan er volgens de leverancier gemiddeld zo'n 95 euro per jaar op vooruit.  ( 4 min )
    China grijpt opnieuw in om kwakkelende economie uit het slop te halen
    De Chinese centrale bank heeft voor de derde keer in drie maanden de rente verlaagd. Peking hoopt dat Chinezen daardoor hun geld weer laten rollen en ook dat bedrijven meer gaan investeren. Dit moet de zwakke economie op de rails krijgen.  ( 3 min )
    Klokkenluider: 'Slecht communicatienetwerk politie zet levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 12 min )
    Klokkenluider: 'Door slecht communicatienetwerk politie staan levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )
    Klokkenluider: 'Problemen in communicatienetwerk politie zetten levens op het spel'
    Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )

  • Open

    3 Reasons Costco Is a Great Company
    The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )
    SQQQ: ProShares UltraPro Short QQQ ETF
    Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )
    Can You Lease a Used Car?
    Used-car leases are rarer than leases on new cars, but they can be a viable option, especially if you’re looking to save some money.  ( 17 min )
    What Is SR-22 Insurance and What Does It Do?
    SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 22 min )
    How To Profit From Inflation
    Changes in the inflation rate can present challenges for investors as well as consumers. Learn how to turn these challenges into opportunities.  ( 28 min )
    Understanding Economies of Scope vs. Economies of Scale
    Learn about economies of scope and economies of scale, the differences between them, and how they offer cost advantages to companies.  ( 24 min )
    Corporate Bonds: Advantages and Disadvantages
    Corporate bonds can provide compelling returns even in low-yield times. But they are not without risks.  ( 21 min )
    China’s Economic Indicators
    If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.  ( 20 min )
    Crowding-Out and Multiplier Effect Theories of Government Stimulus
    Some economists theorize that the crowding-out effect negates the multiplier effect induced by government stimulus spending. Learn more about how this happens.  ( 21 min )
    Who Uses Libor Data and Why?
    LIBOR is a crucial benchmark reference rate with global economic impact.  ( 21 min )
    Why Interest Rates Affect Everyone
    Learn why interest rates are one of the most important economic variables and how every individual and business is affected by rate changes.  ( 19 min )
    5 Economic Effects of Country Liberalization
    Liberalization of countries in emerging markets provides new opportunities for investors to increase their diversification and profit.  ( 21 min )
    The Origins of the Law of Supply and Demand
    Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.  ( 22 min )
    Vision Care Insurance
    Vision insurance covers expenses such as eye exams, contact lenses, eyeglass lenses, and frames. Learn about vision insurance costs and availability.  ( 21 min )
    Can Infrastructure Spending Really Stimulate the Economy?
    Public infrastructure spending is a popular policy tool intended to boost the economy, but it may only be effective in certain circumstances. Learn when it works.  ( 27 min )
    How Bitcoin Works
    Miners, hashes, keys, cold storage, blocks—it can all get confusing. Learn more about it all so that you can understand how Bitcoin works beyond a wallet.  ( 25 min )
    How Immigration Affects the Economy
    A review of how immigration affects wages (especially for low-skilled jobs), productivity, government revenue, and the aging of America.  ( 25 min )
    Explaining the World Through Macroeconomic Analysis
    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.  ( 26 min )
    FANG Stocks: Definition, Companies, Performance, and How to Invest
    In finance, the acronym "FANG" refers to the stocks of four technology companies: Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG).  ( 22 min )
    American Land Title Association (ALTA): What it is, How it Works
    The American Land Title Association is a trade association representing the title insurance industry, seeking to improve industry oversight.  ( 19 min )
    Collision Insurance: What it is, How it Works
    Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )
    Media Kit: Meaning, Components, Examples
    A media kit is a package of information a company assembles to provide reporters or other interested parties with basic information about itself.  ( 21 min )
    No-Fault Insurance
    No-fault auto insurance can cover your medical bills after an accident. Learn how no-fault insurance works and which states require it.  ( 22 min )
    Darknet Market: Meaning, Products, Silk Road
    Darknet markets, or cryptomarkets, are sites on the dark web offering illicit goods that can be purchased anonymously.  ( 19 min )
    Bitcoin's Fair Value Guide
    Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )
    American Funds vs. The Vanguard Group: What's The Difference?
    Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )
    What Is an Irrevocable Beneficiary? Definition and Rights
    An irrevocable beneficiary has guaranteed rights to assets in an insurance policy or a segregated fund.  ( 23 min )
    The 5 Largest Developed Market ETFs (EFA, VEA)
    Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 19 min )
    How to Avoid Getting Delisted From Nasdaq
    On the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap.  ( 25 min )
    Nearly 3 in 4 Americans Think Credit Cards Make Managing Finances Challenging
    Credit cards are a source of stress as balances creep up for nearly three in four (73%) consumers.  ( 18 min )
    As Streaming Becomes More Expensive, Cable Becomes Viable Alternative
    The recent rising prices of online streaming entertainment services may render them equal to–or less affordable than–traditional cable or satellite packages.  ( 18 min )
    The Renaissance Tour Could Earn $2 Billion—Here's Beyoncé's Net Worth
    Beyoncé's Renaissance World Tour could make Beyoncé the highest-grossing female artist of all time. Here is how she makes her millions.  ( 21 min )
    Yearly Renewable Term Plan of Reinsurance: Meaning, How it Works
    Yearly renewable term plan of reinsurance transfers mortality risk from an insurer to a reinsurer through a process of cession.  ( 20 min )
    How to Evaluate Companies With Negative Cash Flow Investments
    Negative cash flow from investing activities could be a warning sign or a sign of future growth. Here's how to tell which it is.  ( 22 min )
    Getting the Best Quotes on Homeowners Insurance
    Homeowners have many options when it comes to insurance and it's best to obtain multiple quotes on homeowners insurance before securing a new policy.  ( 21 min )
    Sovereign Default: Definition, Causes, Consequences, and Example
    Sovereign default is the failure of a government to repay its country's debts. Foreign lenders have little chance of recouping their money when a nation defaults.  ( 27 min )
    How Much U.S. Debt Does China Own?
    China owns more than $859.4 billion in U.S. debt. That's less than the U.S. debt owned by Japan and represents about 2.6% of the total U.S. debt. Learn more.  ( 23 min )
    Franchise Cover Definition
    Franchise cover is a reinsurance plan whereby the claims from a number of policies are aggregated to form a reinsurance claim.  ( 18 min )
  • Open

    3 Reasons Costco Is a Great Company
    The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )
    Raymond James Says These New Warren Buffett Stock Picks Have Double-Digit Upside Potential
    Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers – Warren Buffett. Buffett’s stock picks are a popular source of inspiration for investors, and for good reason. His formidable stock-picking ability has given him the nickname ‘the Oracle of Omaha’ and a fortune of ~$117 billion, making him one of the richest people in the world. His firm, Berkshire Hathaway, is also  ( 35 min )
    SQQQ: ProShares UltraPro Short QQQ ETF
    Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )
    Stocks Poised to Open Higher
    Federal Chairman Jerome Powell will speak Friday at the Federal Reserve Bank of Kansas City's Economic Policy Symposium in Jackson Hole, Wyo.  ( 26 min )
    Marketmind: China to cut rates, but will it 'go big'?
    The People's Bank of China is expected to cut interest rates on Monday, but it may have to throw caution to the wind and 'go big' if it is to soothe the nervousness and concern around China currently sweeping through financial markets. The Chinese central bank's policy decision is one of three in Asia for investors to take in this week, with the Bank of Korea and Bank Indonesia both expected to keep interest rates on hold on Thursday.  ( 31 min )
    Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.
    Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )
    Nikola’s energy president resigns
    Carey Mendes, a former oil executive leading’s Nikola’s pursuit of a hydrogen distribution network, has resigned. The post Nikola’s energy president resigns appeared first on FreightWaves.  ( 32 min )
    Bond vigilantes are 'saddling up.' Here's how concerned investors might take action over the ballooning federal deficit.
    No content preview
    Crypto Startup Aims to Tokenize Stocks by Playing by the Rules
    (Bloomberg) -- For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about getting approval from regulators first. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Price  ( 32 min )
    These 5 things can make or break your ability to build wealth
    Separating the financial haves from the have-nots is often more about getting these basics right, according to a McKinsey & Co. report.  ( 32 min )
    Nvidia, Lowe’s, Analog Devices, Ulta Beauty, Dollar Tree, and More Stocks to Watch This Week
    The Federal Reserve's Jackson Hole Economic Policy Symposium begins on Thursday. Plus, earnings from Lowe's, Nvidia, Dollar Tree, Intuit, and Ulta Beauty.  ( 27 min )
    Buying more expensive than renting for first time in 13 years
    Buying has become more expensive than renting for the first time in 13 years for would-be homeowners.  ( 31 min )
    Bitcoin's Fair Value Guide
    Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )
    Bond Bulls at JPMorgan, Allianz Double Down on Bet Gone Bad
    (Bloomberg) -- Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022. Most Read from BloombergChina Urges More Loans, Debt Risk Reduction as Woes CompoundRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksA  ( 34 min )
    American Funds vs. The Vanguard Group: What's The Difference?
    Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )
    Walmart has 'upper hand' versus Target in this key area: Analyst
    Walmart's grocery business boosted its other categories. Don't rush to conclusions though when it comes to Target.  ( 33 min )
    Starbucks told to pay $2.7 million in lost wages to manager fired after arrest of 2 Black men
    A judge has ordered Starbucks to pay an additional $2.7 million to a former regional manager earlier awarded more than $25 million after she alleged she that and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018. In June, Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages after a jury in New Jersey found that race was a determinative factor in Phillips’ firing, in violation of federal and state anti-discrimination laws. The Philadelphia Inquirer reports that U.S. District Judge Joel Slomsky on Wednesday also ordered Starbucks to pay Phillips another $2.73 million in lost compensation and tax damages, according to court documents.  ( 32 min )
    5 Rules of Thumb for Retirement Savings
    No content preview
    Chart: What Will Your Social Security Penalty Be If You Retire Early?
    No content preview
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    No content preview
    Bankrupt Yellow Draws New $1.5 Billion Bid for Truck Terminals
    Old Dominion Freight Line’s proposal outbids rival Estes Express, stepping up the competition for a network of 169 terminals.  ( 27 min )
    Nvidia reports earnings, Fed gathers in Jackson Hole: What to know this week
    Fed Chair Jerome Powell's speech and Nvidia's quarterly update will provide investors with a closer look at what's next in the fight against inflation and the artificial intelligence boom.  ( 34 min )
    Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
    We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 34 min )
    ‘Upgrading to Buy’: Goldman Sachs Suggests Buying These 2 Stocks Now for Growth
    Conventional wisdom dictates that a US recession is imminent, either during the second half of this year or the first half of the next. But just how much should we credit that? While there are economic headwinds in play, we should also remember that the pace of inflation is easing, unemployment remains low, and the second quarter earnings season showed a high proportion of surprises to the upside. If it’s not a completely rosy picture, it’s far from doom and gloom. And in the eyes of Goldman Sac  ( 35 min )
    An early retiree who travels the country in his RV built wealth the old-fashioned way to join the FIRE movement: ‘I saved my pennies and invested wisely’
    Chris Miller shares how he saved enough money to retire early and his best advice for those looking to do the same.  ( 33 min )
    Bruised Stocks Face Week Full of Tests, From Nvidia to Powell
    (Bloomberg) -- Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.Most Read from BloombergRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksRussia’s Luna-25 Lander Fails to Enter Pre-Landing  ( 33 min )
    The double life of a Gen Z Google software engineer earning six figures who says he works 1 hour a day
    “If I wanted to work long hours, I’d be at a startup,” the twenty-something says.  ( 35 min )
    Al Gore’s Firm Made a Big AI Bet, and Sold Salesforce, Mastercard, Schwab Stock
    Generation Investment, chaired by former Vice President Al Gore, bought Applied Materials stock, and sold Salesforce, Mastercard, and Schwab stock in the second quarter.  ( 27 min )
    Wall Street ponders splitting up Disney: 'Why not make a clean break?'
    Disney's size was once its strength. Now it's under scrutiny.  ( 35 min )
    The AI Trade Faces Its First Major Test With Nvidia Earnings
    The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now.  ( 27 min )
    Rare Signal Points to More Upside for Energy Stocks
    Energy stocks are up big recently. In July alone, the Energy Select Sector SPDR Fund (XLE) gained 7.8%.  ( 32 min )
    Adobe: One Chart Explains the Mega-Rally
    Adobe, Inc. (ADBE) shares have jumped 51% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Solar panels: Should you buy them? Rent them? Pass?
    California regulators have made investing in solar power less attractive. But if you're the typical energy user, it still makes long-term financial sense to do so.  ( 41 min )
    Why the Era of Historically Low Interest Rates Could Be Over
    Higher productivity and increased deficits could raise the ‘neutral’ rate of interest, limiting Fed cuts.  ( 26 min )
    Big Treasury Rout Lures Fresh Buyers
    Bond investors say the summer selloff in U.S. Treasury debt is providing the best buying opportunity in years.  ( 34 min )
    Yuan slump turns Hong Kong into haven as mainland Chinese rush for higher bank rates, insurance policies and US dollar
    No content preview
    How to Get Rich and Famous From a Stock Market Crash
    ‘Big Short’ hero Michael Burry sees disaster and—eventually—he’ll get it right again.  ( 25 min )
    Tesla continues waging price war; VinFast makes U.S. debut: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast makes a splash in its market debut; Tesla cuts prices in China; and Mullen continues to fight delisting.  ( 33 min )
    Buying a Home Is Getting Out of Reach. How Much 7% Mortgage Rates Need to Fall.
    Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )
    Is the U.S. Economy Really Growing by 5.8%? Not So Fast
    The latest reading, 5.8%, set off alarm bells in some quarters. But the model estimate is likely to be revised sharply lower as new data are reported.  ( 26 min )
    Battery materials startup Mitra Chem Inc. partners with GM, raises $40M
    Mitra Chem has landed a heavy hitting partner as it tries to get its tech in more electric vehicles.  ( 13 min )
    Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
    The opening will test a new format that the Swedish furniture company is rolling out globally—a pared-back store aimed at casual shoppers and office workers.  ( 22 min )
    Diesel Is Pricing a Scarcity With Winter Market Looming Large
    (Bloomberg) -- At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemBama Rush Has Students Showcasing $20,000 Outfits on TikTokAll over the world, pric  ( 33 min )
    The Moves Wealthy Families Are Making to Skirt Estate Taxes
    Dynasty trusts can shield wealth before the Trump tax cuts expire.  ( 21 min )
    Border town boom is realigning the freight market
    As companies are shifting their sourcing and logistics networks, it is changing the way transportation providers will have to manage their own businesses. The post Border town boom is realigning the freight market appeared first on FreightWaves.  ( 32 min )
  • Open

    Nederlandse industrie kreeg harde klappen in tweede kwartaal
    Bedrijven in de industrie kregen in het tweede kwartaal een stevige omzetdaling voor de kiezen. De inkomsten daalden gemiddeld met 7,5 procent, de grootste daling sinds coronajaar 2020. Dat meldt statistiekbureau CBS.  ( 3 min )
    Britse winkels lokken politie met gratis koffie om diefstal tegen te gaan
    Britse politieagenten kunnen voortaan tijdens het werk een gratis kop koffie halen bij winkelketens John Lewis en Waitrose. Zo hopen de ketens politie richting winkels te lokken en winkeldieven af te schrikken. De agenten moeten wel herbruikbare bekers meenemen.  ( 3 min )
    Storing van Albert Heijn-app voorbij: Bonuskaart werkt weer
    De mobiele app van supermarktketen Albert Heijn werkt weer. Eerder op zondag hadden appgebruikers last van een storing, waardoor de Bonuskaart niet goed functioneerde. Die storing is inmiddels voorbij.  ( 2 min )
    Albert Heijn-app kampt met storing: Bonuskaart en koopzegels werken niet
    Klanten van Albert Heijn kunnen last hebben van een technische storing in de mobiele app van de supermarktketen. Een aantal functies werkt daardoor niet, zegt een woordvoerder van Albert Heijn.  ( 3 min )
    Italiaanse spoorwegmaatschappij FS wil concurrentiestrijd aangaan in Europa
    De Italiaanse nationale spoorwegmaatschappij FS wil de concurrentiestrijd aangaan op het Europese spoor. Het spoorbedrijf wil ook trajecten uitzetten richting Amsterdam.  ( 3 min )
    Gegevens van bijna 76.000 Tesla-medewerkers gelekt naar Duitse zakenkrant
    De persoonsgegevens van bijna 76.000 medewerkers van de elektrische autofabrikant Tesla zijn gelekt naar de Duitse zakenkrant Handelsblatt.  ( 3 min )

  • Open

    The History of Insurance
    The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )
    Corporate Reimbursement Coverage Definition
    Corporate reimbursement coverage protects a company against losses resulting from legal action against its directors and officers.  ( 19 min )
    Cryptographic Hash Functions: Definition and Examples
    Cryptographic hash functions combine message-passing capabilities with security properties. It is used in many applications, from database security to cryptocurrency.  ( 21 min )
    What Is Bank Owned Life Insurance (BOLI), and How Does It Work?
    Bank-owned life insurance (BOLI) is bought by banks as a tax shelter, leveraging tax-free savings provisions to fund employee benefits.  ( 24 min )
    Surplus Share Treaty: Overview and Advantages
    A surplus share treaty is reinsurance in which the ceding insurer retains a fixed amount of liability and the reinsurer takes the remaining liability.  ( 19 min )
    The Good and Bad of National Lotteries
    Here's a look at some of the positive and negative aspects of national lotteries.  ( 25 min )
    Calculating GDP With the Income Approach
    When calculating GDP using the income approach, all expenditures in an economy should equal the total income from the production of goods and services. Learn how.  ( 21 min )
    Is Student Loan Debt the Next Financial Crisis?
    The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.  ( 24 min )
    CAPM Cost of Equity: Calculate Cost of Equity Using CAPM
    Learn about the elements of the capital asset pricing model, and discover how to calculate a company's cost of equity financing with this formula.  ( 21 min )
    What Is a Commitment Fee in Banking, and How Does It Work?
    Lenders charge borrowers a commitment fee as compensation for keeping a line of credit open or to guarantee a loan at a specific date in the future.  ( 20 min )
    Tips for Renting a Vacation House
    Read these insightful tips on how to get a picture-perfect summer rental home at a great price. Don’t spoil your fun by leasing the wrong type of accommodations.  ( 24 min )
    Impact of Fed Interest Rate Cuts on Consumers
    Traders rejoice when the Fed drops the rate, but is it good news for all? Find out here.  ( 24 min )
    What Is a Bank Reconciliation Statement, and How Is It Done?
    A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 26 min )
    How Risk-Free Is the Risk-Free Rate of Return?
    This rate is rarely questioned—unless the economy falls into disarray.  ( 22 min )
    Companies Tapping Brakes On Capital Expenditures Due To Federal Reserve Rate Hikes
    Some businesses are slowing capital expenditures and pulling back on taking out credit as a result of the Federal Reserve's cycle of rate hikes—showing all may be going according to policymakers' plans to slow inflation.  ( 17 min )
    When Do Economists Use Real GDP Instead of Just GDP?
    The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output of goods and services.  ( 24 min )
    Top 4 Strategies for Managing a Bond Portfolio
    Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )
    Contingent Commission Definition
    A contingent commission is a commission paid to an intermediary by an insurance or reinsurance company with a value dependent on an event occurring.  ( 19 min )
    Comptroller General Definition
    The Comptroller General is a high-ranking accounting position in the U.S. government who sets and oversees accounting policy.  ( 19 min )
    What Is the Effect of Price Inelasticity on Demand?
    Find out how price inelasticity of demand shows the relationship between demand and price when the price of an inelastic good is either lowered or raised.  ( 23 min )
    Run on the Fund Definition
    A run on the fund is a situation where a hedge fund faces increasing redemptions, causing the fund managers to sell positions to meet the withdrawals.  ( 19 min )
  • Open

    Consumers have spent all of their excess savings from the pandemic. That's just one reason why stocks are poised to fall, JPMorgan says
    No content preview
    China's economy is flailing. Here's how its problems could spill into global markets.
    China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.  ( 33 min )
    All Eyes on Fed Chief Powell in Jackson Hole
    (Bloomberg) -- It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is wondering in particular just what Fed Chair Jerome Powell — who’s expected to speak Friday morning — might have to say.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkMercedes-Benz Unveils the New Ge  ( 35 min )
    Bond Investors Brace for Supply Freight Train Before Fed Confab
    (Bloomberg) -- The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpCohn and Summers Talk Trump, China and M  ( 32 min )
    A Tough Week For REITs Amid More Downgrades And Fed Talk
    One of the most challenging parts of investing is deciding what to do when the companies you own are doing well but the share prices reflect a different scenario. Wall Street is often forward looking, so it's quick to react to news that will affect companies six or more months down the road. This has been evident the last few days for real estate investment trusts (REITs), as the Federal Reserve continues to talk tough on inflation and traders wonder what the effects will be on commercial proper  ( 35 min )
    Warren Buffett, Michael Burry, and other top investors revealed striking portfolio changes this week. Here are 4 key trades.
    No content preview
    Mark Cuban rejected an offer to make a $250,000 investment in Uber that’d now be worth $2.3 billion
    Cuban balked at Uber’s cofounder valuing the startup at $10 million.  ( 32 min )
    American Airlines sues travel website Skiplagged over ticket price ‘loophole’
    Lawsuit accuses website of deception as it allows travelers to book typically cheaper connecting flight and get off after first leg  ( 31 min )
    Old Dominion ups ante with $1.5B bid on Yellow’s terminals
    A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals. The post Old Dominion ups ante with $1.5B bid on Yellow’s terminals appeared first on FreightWaves.  ( 31 min )
    Warren Buffett's favorite homebuilder: D.R. Horton
    Warren Buffett’s Berkshire Hathaway now owns roughly 5.7 million shares of D.R. Horton, the largest homebuilder in the U.S., despite headwinds threatening the industry including rising mortgage rates.  ( 32 min )
    5 big deal reports: US Steel bidding war heats up; ArcelorMittal weighing an offer
    Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems. InvestingPro subscribers got this news first.  ( 33 min )
    Top AI Stock ANET Leads 5 Stocks Near Buy Points In Tough Market
    No content preview
    Where to Get the Best Yields. (Think Short-Term Treasuries.)
    Short-term Treasury bills, which yield more than 5.4%, still look like an investor’s better income bet.  ( 27 min )
    Is Your Retirement Income Higher Than the Average in America?
    No content preview
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
    No content preview
    Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
    With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.  ( 29 min )
    Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill?
    We gained additional income and didn't withhold enough on our Form W-4. We are currently not putting money into a retirement account but have access to a 401(k) through our employer. Would we be able to correct our withholding deficit … Continue reading → The post Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill? appeared first on SmartAsset Blog.  ( 33 min )
    This Is How Actual Financial Pros Plan For Retirement
    As a financial advisor, you may dedicate a lot of your time to helping clients create a workable retirement plan. However, it's also important to consider what your personal exit strategy might look like once you're ready to retire. Succession … Continue reading → The post Succession Planning Tips for Financial Advisors appeared first on SmartAsset Blog.  ( 34 min )
    How Can I Be Sure I'll Be Able To Afford My Ideal Retirement Lifestyle?
    No content preview
    Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?'
    No content preview
    Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
    No content preview
    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
    No content preview
    More Americans are now 401(k) millionaires
    The number of people with $1 million or more saved in their 401(k) accounts leapt 10% from April to the end of June, according to Fidelity Investments.  ( 33 min )
    Famed Italian dealmaker and Piaggio CEO Colaninno dies
    Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. Colaninno was a central figure in the country's industrial landscape who managed to turn around a number of failing companies, but also left a mixed corporate legacy. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia in 1999, at the time the world's largest hostile takeover.  ( 32 min )
    C-suite turnover happening at rapid rate, and here's why
    Companies have been busy reshuffling their C-suites as they work through restructuring, turnaround plans, and COVID-19 aftershocks.  ( 34 min )
    Social Security COLA increase will ‘return to reality’ in 2024 after jump, predictions say
    In the past two years, those receiving Social Security have seen large cost-of-living adjustments that can help. Many wonder what's next in 2024?  ( 35 min )
    Bonds Are a Great Buy Now. How to Protect Yourself.
    Yields are close to their highest level in years. Investors can bolster portfolios with bonds with the potential for both high income and capital gains.  ( 26 min )
    Alibaba's Taobao and Tmall to fill 2,000 new job openings for fresh graduates as Chinese Big Tech firms seek new growth
    No content preview
    Where Investors Are Finding Returns in a World of Yield
    For the first time in years, investors are earning robust returns on cash.  ( 27 min )
    Too Good To Go CEO’s big break came when she left her consulting career without a plan—she says losing $100,000 is ‘pretty cheap’ to pursue your dreams
    The Danish self-starter convinced her McKinsey colleagues to toss in the towel on their consultancy careers and launch a business together in 2007. Now she’s the CEO of the fastest-growing sustainable food app.  ( 34 min )
    Germany Hunts for Cyber Criminals Amid Billion-Euro Scams
    (Bloomberg) -- At the start, the job looked like a well-paid role in finance. It ended with a $10,000-a-month drug habit and a cell in a German prison.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a RecessionBig Tech Logs Year’s Longest Weekly Losing Streak: Markets WrapThat’s the sto  ( 35 min )
    Top 4 Strategies for Managing a Bond Portfolio
    Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )
    Rail whistleblowers fired for voicing safety concerns
    Hours before a Norfolk Southern train derailed in Ohio and erupted in fire in February, a judge ruled a former railroad employee could proceed with a lawsuit claiming he had been harassed for years by managers who said he reported too many flaws in rail cars he inspected and had his job changed after reporting an injury. Richard Singleton’s case against Norfolk Southern was settled for an undisclosed amount after the judge said he had enough evidence to go to trial over whether he was disciplined for reporting safety violations that slowed trains passing through a Macon, Georgia, railyard. The settlement provided relief for Singleton, but does little for residents near East Palestine, Ohio, who worry about possible health effects from the accident's toxic blaze.  ( 34 min )
    US stocks trade mixed as the Dow caps off its worst week since March
    The S&P 500 and Nasdaq Composite both notched their third consecutive week of declines.  ( 31 min )
    How Kroger Became the Biggest Sushi Seller in America
    Millions of shoppers agree: It’s OK to eat supermarket sushi.  At U.S. retailers, sales are up over 70% in the past year.  ( 21 min )
    Who Is the Mogul Bidding for U.S. Steel
    James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid.  ( 29 min )
    Slow-Growing UK Faces Reckoning Over £2.6 Trillion Debt Pile
    (Bloomberg) -- From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam. The bill for that is becoming a worry all its own. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksMercedes-Benz Unveils the New Generation of Its Brawny AMG GT Sports CarRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkRolls-Royce Debuts Droptail Road  ( 34 min )
    Jeremy Grantham warns a recession is still coming and the Fed is 'almost guaranteed to be wrong'
    No content preview
    Less cash, fewer bears could leave U.S. stocks vulnerable
    Several indicators that pointed to upside for U.S. stocks this year have shifted to a more neutral outlook, potentially leaving equities vulnerable to turbulence from a recent surge in bond yields and worries over China’s economy, investors said. Some investors watch so-called contrarian indicators to gauge the market's mood, with extreme pessimism thought to be a good sign to buy and vice versa. At the start of the year, measures such as stock positioning and allocations to cash showed extreme bearishness, reflecting investors' grim outlook following a brutal selloff in 2022 and expectations of a recession in the second half of this year.  ( 33 min )
    CVS Health to cut more than 100 corporate jobs at Scottsdale office
    The Arizona layoffs at CVS come after the health giant announced plans to cut 5,000 corporate jobs across the company. #phoenix $CVS  ( 11 min )
  • Open

    NU+ | Ons land is draaischijf in digitale wereldeconomie, en dat kost veel stroom
    Nederland huisvest een van de grootste internetknooppunten ter wereld en is een draaischijf in de digitale wereldeconomie. We zijn daardoor een goede vestigingslocatie voor internetbedrijven met hun datacenters. Die koppositie kost veel energie, maar volgens de datacenters is dat gelukkig meestal groene.  ( 4 min )
    Oekraïense economie krijgt tik na klappen van graandeal
    Het Russische besluit om weg te lopen bij onderhandelingen over de graandeal raakt de Oekraïense economie. In de eerste maand na het klappen van de deal exporteerde het land een derde minder graan.  ( 4 min )
    X (Twitter) wil accounts blokkeren onmogelijk maken, maar dat mag misschien niet
    Het is binnenkort niet meer mogelijk om accounts te blokkeren op het socialemediaplatform X (voorheen Twitter). Het zou nog wel mogelijk zijn om privéberichtjes tegen te houden.  ( 4 min )
    NU+ | Problemen bij Big Bazar stapelen zich op: wat gaat er mis?
    Al wekenlang is het onrustig rondom koopjesketen Big Bazar. Rekeningen worden niet betaald, winkels gaan dicht en verhuurders stappen naar de rechter. Wat is er aan de hand met de discounter?  ( 4 min )
    Studiebeurs is niet toereikend, maar dat is ook niet de bedoeling
    Komend studiejaar keert de basisbeurs weer terug, maar een vetpot is het niet. Studenten balen ervan dat de basisbeurs nog lager is dan die van voor het leenstelsel. Maar volgens deskundigen is het helemaal niet de bedoeling dat een studiebeurs alle kosten van studenten dekt.  ( 7 min )
  • Open

    Earnings Beat of the Week: JD.com Outperforms Estimates Despite Slowdown in China
    Chinese ecommerce giant JD.com reported profit and sales that beat analysts' estimates, as the retailer enticed customers with lower-priced offerings amid an economic downturn in China.  ( 1 min )

  • Open

    How Do I Calculate Current Liabilities in Excel?
    Learn what current liabilities are, and find out how to calculate total current liabilities in Microsoft Excel.  ( 17 min )
    What to Expect in the Markets Next Week
    Coming up next week: retail earnings, updates on home sales, and the Jackson Hole Economic Symposium.  ( 19 min )
    How Credit Cards Affect Your Credit Rating
    Credit cards can be one of the major influences on your credit score, and how you use them can either help your score or hurt it. Here is what you need to know.  ( 23 min )
    Involuntary Unemployment Credit Card Insurance: Is It Worth It?
    Find out how involuntary unemployment credit card insurance (IUCC) can cover your minimum payments if you're laid off and whether it is worth the cost.  ( 23 min )
    Material Adverse Effect: A Warning Sign for Stocks
    Learn what this phrase means and how to spot it in a company's financial statements.  ( 20 min )
    Should I Open a CD Now or Wait for Higher Rates?
    Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?  ( 18 min )
    Peercoin Definition
    Peercoin is an alternative cryptocurrency launched in 2012. Peercoin is based on the bitcoin framework.  ( 20 min )
    Proof of Elapsed Time (PoET) Definition, Purposes, Vs. PoW
    Proof of elapsed time (PoET) consensus algorithm follows a true lottery system and allows for more efficient use of the blockchain network's resources.  ( 22 min )
    How to Fund Non-Qualified Deferred Compensation Plans With Life Insurance
    Non-qualified deferred compensation plans can allow top-earning employees to delay taxes on their earnings, using life insurance for funding. Here's how this strategy works.  ( 21 min )
    Top CD Rates Today: More Than Two Dozen Options to Earn 5.50% or More
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )
    S&P 500 Gains and Losses Today: Mixed Earnings Reactions Lead to Losses for the Week
    The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.  ( 16 min )
    Revoked Individual Retirement Account (IRA)
    A revoked IRA is a retirement savings account that is canceled by the account holder seven days or less after it was established.  ( 23 min )
    When Must a Company Announce Earnings?
    A public company must file its earnings after the end of its first three quarters, and its quarterly and annual earnings after its fiscal year ends.  ( 21 min )
    Bitcoin Pizza Day: Celebrating the $80 Million Pizza Order
    Bitcoin Pizza Day: the day Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins.  ( 17 min )
    Inverse Volatility ETF Definition
    An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )
    Franchisee: Definition, Examples, Benefits, and Responsibilities
    A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge.  ( 22 min )
    Insurance Policy Death Benefits and Cash Values
    Life insurance carriers offer two main benefits to insured individuals when a transfer of risk occurs: death benefit proceeds and cash value savings.  ( 20 min )
    What Is a Merkle Root (Cryptocurrency)? How It Works in Blockchain
    A Merkle root contains information about every single transaction hash that ever was on a particular block in a blockchain.  ( 19 min )
    Off-Chain Transactions: Definition, Advantages, Vs. On-Chain
    Off-chain transactions occur outside of the blockchain network and provide a low-cost, instant transaction medium for the cryptocurrency.  ( 18 min )
    How To File a Pet Insurance Claim
    Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.  ( 22 min )
    Admitted Insurance: What it is, How it Works
    Admitted insurance is purchased from an insurance company that has been formally admitted or licensed to operate by the state insurance agency.  ( 18 min )
    What Are the Legal Risks to Cryptocurrency Investors?
    Cryptocurrency regulation is still spotty or nonexistent but there are some potential pitfalls that investors should watch out for.  ( 23 min )
    Aggregate Stop-Loss Reinsurance: What it Means, Criticisms
    In aggregate stop-loss reinsurance, losses over a specified amount during the contract period are covered by the reinsurer and not by the insurer.  ( 18 min )
    Cryptocurrency Exchanges: What They Are and How To Choose
    With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your crypto needs.  ( 24 min )
    Concurrent Causation: What it is, How it Works, Example
    Concurrent causation is a legal doctrine related to losses from more than one cause, and when one has coverage and the other does not.  ( 19 min )
    Maintenance Expenses (Costs of Maintenance): Definition
    Maintenance expenses are costs incurred to keep an item in good condition. Apartments, homes, and condominiums have expenses, but who pays them?  ( 19 min )
    Why Did Bitcoin Drop 12% This Week?
    The bitcoin price dropped below $26,000 this week amid decreased activity in the market, the growing crisis in China's property sector, and a report that SpaceX has sold at least some of its bitcoin holdings.  ( 18 min )
    Gold vs. Bitcoin: Which Is Better?
    Gold has long been the investor's choice for storing value. Bitcoin is gaining investor interest for the same purpose. Which Is better?  ( 24 min )
    Bargain-Hunting Drives Quarterly Gain For Discount Retailer Ross Stores, Shares Jump
    Ross, TJX, and other off-price retailers have benefited from strong inventories of premium products and discounted prices.  ( 19 min )
    Markets Mixed at Midday Amid Concerns About China's Property Market, Evergrande Bankruptcy
    U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.  ( 16 min )
    Waiver of Subrogation Clauses
    A waiver of subrogation clause is important to include in a lease agreement and benefits both the landlord, tenant, and any other business relationship.  ( 20 min )
    Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
    Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.  ( 17 min )
    Litecoin (LTC): What It Is, How It Works, vs. Bitcoin
    Litecoin (LTC) is a cryptocurrency that shares features with Bitcoin but runs a different mining algorithm. It also has a higher coin supply and lower transaction costs.  ( 24 min )
    Will We Have A Recession? Corporate Leaders Are Divided
    In recent earnings calls, some leaders said they expected a recession, while others said the economy was still resilient.  ( 20 min )
    Shares Of Chinese EV Maker Xpeng Slide on Earnings Loss
    Chinese automaker Xpeng saw its shares slide after a record quarterly loss, driven by increased competition and margin deterioration.  ( 17 min )
    Compare Today's Mortgage Rates
    Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 29 min )
    Mortgage Rates Up, Again Touching 21-Year High
    Rates on 30-year mortgages climbed to again hit their highest level since 2002. Rates were up on almost every loan type, including a new record for the jumbo 30-year average.  ( 22 min )
    The Best 20-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )
    The Best 15-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )
    The Best 10-Year Mortgage Rates of 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 26 min )
    The Best Jumbo Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 30 min )
    The Best 30-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 18 min )
    Stagflation in the 1970s
    Stagflation is the coincidence of weak growth and elevated inflation evident in the 1970s that required monetary policy changes by the Federal Reserve.  ( 26 min )
    Compare Today's Best Mortgage Refinance Rates
    Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 18 min )
    Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
    While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.  ( 18 min )
    China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
    Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.  ( 18 min )
    MiFID II: Definition, Regulations, Who It Affects, and Purpose
    MiFID II is a European Union packet of financial industry reform legislation, instituted to regulate financial markets that replace MiFID.  ( 21 min )
    Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
    An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.  ( 19 min )
    Board of Directors: What It Is, What Its Role Is
    A board of directors (BofD) is the governing body of a company that is elected by shareholders to provide guidance, set strategy, and oversee management.  ( 26 min )
    5 Things to Know Before Markets Open
    Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.  ( 18 min )
    Treasury Bond (T-Bond): Overview of U.S. Backed Debt Securities
    A treasury bond is a marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years and which pays periodic interest payments.  ( 25 min )
    How Countries Deal With Debt
    For many emerging economies, issuing sovereign debt is the only way to raise funds, but things can go sour quickly.  ( 24 min )
    Homeowners Insurance Guide: A Beginner's Overview
    Everything you need to know about homeowners insurance, from what it covers to how rates are determined.  ( 30 min )
    Financial Exposure: Definition, How It Works, Hedging, and Example
    Financial exposure is the amount that an investor can potentially lose in an investment and is an alternate name for financial risk.  ( 21 min )
    Commodities Trading Overview: Options, ETFs, and Mutual Funds
    Trading commodities can seem challenging to a novice trader. We break down how to invest in them.  ( 26 min )
    Herrick Payoff Index
    The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )
    Excess Judgment Loss Definition
    An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )
  • Open

    Bazooka made a mint blowing bubbles. Now it's being snapped up for $700 million.
    Bazooka Candy Brands, maker of the popular bubblegum, has been sold for $700 million to a private equity firm.  ( 30 min )
    The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America says
    Around $400 billion of debt assets are considered to be in "pre-distress," while $150 billion are "deeply distressed," Bank of America said.  ( 33 min )
    The Stock Market Has a Real Problem—a Real Yield Problem
    With the yield on the 10-year U.S. Treasury note hitting 4.25%, stocks have competition from bonds in a way they haven’t for a decade and a half.  ( 40 min )
    Bond Yields Are Heading Toward 5%—or More—as High Inflation Persists
    If retail inflation gets stuck around 3%, as seems increasingly likely, interest rates will continue to rise. That’s bad news for investors.  ( 27 min )
    Hoka or On? A New Balance Long-Timer Turns to Wall Street for Sneaker Tips
    Following the market’s opinion about fashionable footwear leads a longtime New Balance wearer to Swiss sneaker maker On Holding.  ( 27 min )
    Stocks are approaching a perfect buy-the-dip opportunity as the S&P 500 faces August rout, Fundstrat says
    No content preview
    Palo Alto Networks Surges After Billings Outlook Beats Estimates
    (Bloomberg) -- Cybersecurity firm Palo Alto Networks Inc. surged after projecting stronger billings for the year than Wall Street anticipated, easing fears that a slowdown in demand may weigh on results. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass Liquidations‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBig Tech Logs Year’s Longes  ( 32 min )
    Bitcoin’s problem may be bond yields
    Bitcoin took a sharp leg down to the $25,000 level as investors speculated about SpaceX's holdings, but there may be another major headwind for cryptocurrencies — rising bond yields.  ( 30 min )
    Should I Open a CD Now or Wait for Higher Rates?
    Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?  ( 20 min )
    There’s more coal being shipped by sea than ever before
    The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more. The post There’s more coal being shipped by sea than ever before appeared first on FreightWaves.  ( 34 min )
    Top CD Rates Today: More Than Two Dozen Options to Earn 5.50% or More
    Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )
    The Score: U.S. Steel, Hawaiian Electric, Target and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 26 min )
    Buy Moderna and BioNTech Stock. Both Pharmas Have Strong Drug Pipelines and Plenty of Cash.
    Moderna and BioNTech are no longer minting money from Covid vaccines. But both have strong drug pipelines and plenty of cash.  ( 26 min )
    Dow Jones Futures: Nvidia Earnings, Powell Speech Loom Large; What To Do Now
    No content preview
    Palo Alto Networks Stock Jumps as Earnings Top Estimates
    The company's profit guidance for the quarter and fiscal 2024 topped analyst forecasts. The revenue outlook came in light.  ( 26 min )
    Michael Burry is a 'one-trick pony' - and the 'Big Short' investor's massive bet against the stock market is a sure loser, says veteran analyst
    No content preview
    Why This Coffee Giant Is Staying Put in Russia
    The owner of Peet’s Coffee is renaming a major brand, rejiggering supply chains and hitting back at those who say it should exit the country.  ( 26 min )
    China's Debt Crisis Mounts As Everything Goes Wrong; S&P 500 Risk Limited
    No content preview
    Palo Alto Networks Stock Jumps After Unusual Friday Earnings Release
    No content preview
    Hawaii Fires Turn a Safe Investment Into a Big Risk
    Utilities are supposed to be a staid investment.  ( 27 min )
    Maker of $400 Golf Putter Poised to End Week Below $4 IPO After Record Debut
    (Bloomberg) -- Sacks Parente Golf Inc. ended its first week of trading lower, just days after notching the best debut of an initial public offering on a US stock exchange this year.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding  ( 32 min )
    Hawaiian Electric Woes Risk Wiping Out the Value of Its Utility
    (Bloomberg) -- Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble  ( 32 min )
    Investors Are Leaving Stocks for the Allure of Risk-Free Payouts in Bonds
    (Bloomberg) -- Volatility in the world’s biggest bond market has finally caught the attention of investors on Wall Street who’ve been plunging into stocks all year. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a Recession‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to Proliferate  ( 34 min )
    Stocks crawl back to close rough week on mixed note: Stock market news today
    Stocks continued an August swoon on Friday.  ( 31 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
    No content preview
    How Cleveland-Cliffs and Cleveland could benefit from a U.S. Steel acquisition
    Cleveland-Cliffs Inc. rocked the steel and investing worlds on Sunday with its nearly $8 billion offer to acquire United States Steel Corp.  ( 11 min )
    Protest broke out at a 55+ Florida community over skyrocketing home insurance premiums: ‘We have no choice, we have to sell’
    “We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.  ( 31 min )
    Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
    “It's almost guaranteed to be wrong," the GMO co-founder told Bloomberg of the Fed's soft landing forecast Thursday. "They have never called a recession."  ( 32 min )
    It’s a Bad Week to Need to Borrow Five-Year Treasury Notes
    (Bloomberg) -- The expanding supply of Treasury debt, while driving yields to the highest levels of the year, is also aggravating a shortage of five-year notes in advance of the next auction. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself o  ( 31 min )
    Vanguard’s New International Dividend Growth Fund Offers Chance to Zig as Crowd Zags
    Investors should take note any time a money manager with more than $7 trillion in assets does something new.  ( 27 min )
    U.S. Has Fewest Active Oil Rigs Since the Ukraine War's First Days
    American oil producers have fewer rigs actively drilling than at any point since the first days of the Ukraine war, suggesting they are pessimistic about prices. U.S. drillers had 520 rigs up and running this  ( 22 min )
    UBS Loses $5.5 Billion Advisor Team to RBC
    The team includes top-ranked advisor Leslie Lauer.  ( 26 min )
    'It's The Death Of The Entire Financial, Monetary And Social System': This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status. Here's What She Likes For Protection
    For decades, the U.S. dollar has held the esteemed position as the world's primary reserve currency. But according to Lynette Zang, chief market analyst for ITM Trading, this longstanding dominance is on shaky ground. "The days of the dollar being the world reserve currency are fast coming to a close," she said in a recent interview with Stansberry Research. Zang explained that the shift began back in 2002 when the Federal Reserve "first had to buy" U.S. debt. This act suggested that the world w  ( 32 min )
    Bill Gates Picks Up BUD Shares, Morgan Stanley Says Current Valuation Fails to Reflect the Potential Upside — Here’s Why You Should Take Notice
    It must have sounded like a good idea at the time, but Anheuser-Busch’s (NYSE:BUD) decision to run a promotional campaign for its Bud Light beer with the help of transgender ‘influencer’ Dylan Mulvaney backfired spectacularly. Conservative America did not like that idea at all, and decided to boycott the drink, thereby no longer making it the US’s best-selling beer. As sales plummeted in the wake of the controversy, BUD shares went into a tailspin, falling by 20% in May with the company also lay  ( 32 min )
    CVS stock tumbles after Blue Shield of California shake-up. Analysts call selloff 'nonsensical'
    California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )
    CVS stock tumbles after CA Blue Shield shakeup. Analysts call the move 'nonsensical'
    California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )
    Analyst Report: Walmart Inc
    No content preview
    China fuels US bond rout by slashing holdings to 14-year low as Washington-Beijing tensions drag on
    US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve's interest-rate hikes.  ( 30 min )
    Market Update: ENB, AMAT, EL, GEN, WMT, RHHBY
    No content preview
    J&J’s Swap Offer for Kenvue Is About to Expire. Proration Figure Will Be Key.
    Wall Street is betting that the proration will be about 30%, meaning that participating J&J holders will get 30% of their stock converted into Kenvue.  ( 37 min )
    'Big Short' investor Michael Burry piled into energy and shipping stocks last quarter. A top strategist explains why.
    No content preview
    Barbies for $5,000, rare New York Rangers collectibles for $30,000 – hard-up Americans are selling their treasure hoards to get by
    No content preview
    A looming insurance shock spells trouble for housing markets in Florida and California
    “About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”  ( 33 min )
    The best high-yield money market accounts for August 2023
    If you're looking for the best high-yield money market accounts, shop around and compare options from multiple banks and credit unions.  ( 32 min )
    Buyout offers knock on US Steel's door as 'glory days' fade
    An unsolicited bid for US manufacturing stalwart US Steel has set off a potential reshuffling of a classic American industry.  ( 34 min )
    CVS says Blue Shield change will not affect its bottom line
    "The financial impact associated with the partial termination of the Blue Shield of California contract is not expected to have an impact to our previously issued 2023 guidance and is expected to have an immaterial impact on our longer-term outlook," CVS said  ( 9 min )
    Why Kroger, Albertsons need to merge immediately to compete with Walmart
    Walmart has upended the grocery business, and smaller rivals are struggling to survive.  ( 34 min )
    2 Stocks That Will Thrive From a Surging AI Chip Market, Says J.P. Morgan
    Broadcom and Marvell Technology will win big time from custom chip design, according to analyst Harlan Sur.  ( 34 min )
    Stocks erase steeper losses as rough week comes to close: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 31 min )
    Citi Buys $160 Million of Russian Aluminum Others Won’t Touch
    (Bloomberg) -- Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemCohn and Summers Talk Trump, China  ( 32 min )
    New volatility for bitcoin ends summer slumber for crypto investors
    Market watchers grasped at several theories for the sudden downward movement in prices, from turmoil in China to interest rate fears.  ( 32 min )
    Steel Union Throws a Curveball In Battle for U.S. Steel.
    The devil is in the details. Investors shouldn't forget about some rights the United Steelworkers union has at United States Steel.  ( 26 min )
    Option Trade Targets Energy Stock's Strength, Rotation Into Sector
    No content preview
    Apple iPhone 15 Is Coming. Here’s What to Expect.
    The latest Apple iPhone models are expected to include relatively modest upgrades, but bulls still expect strong demand.  ( 26 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
    No content preview
    Tax Rates For Different Types of Retirement Income
    No content preview
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
    No content preview
    Nvidia’s Earnings Can Impress Again. This Analyst Is ‘Extremely Bullish.’
    Wedbush analyst Matt Bryson said he expects the chipmaker to to beat expectations and offer a “robust forward outlook,” when it reports Wednesday.  ( 26 min )
    The Little-Known Ways The Rich Accumulate More Wealth
    If you qualify to participate in a non-qualified deferred compensation (NQDC) plan, you may want to pay attention closely. These accounts can offer high-earners who have maxed out their traditional retirement savings options an appealing opportunity to set aside a substantial portion of their income and invest it on a tax-deferred basis. In a new […] The post This Little-Known Account Can Help High Earners Accumulate Wealth appeared first on SmartReads by SmartAsset.  ( 32 min )
    Dow Jones Edges Lower, But Magnificent 7 Stocks Take More Heat; Bitcoin Crashes On This News
    No content preview
    Meta gets tough with its return-to-work plan, warns employees they could be fired if they don't comply
    Meta managers will be tracking whether employees are sticking with its return-to-office policy.  ( 10 min )
    Covid Vaccine Rally Dashed As Pfizer, Moderna Give Back Gains On Eris' Advance
    No content preview
    SpaceX Posts Q1 Profit, Abandons Bitcoin Holdings; Cryptocurrencies Crash
    No content preview
    Dow Jones Slides 150 Points As Stock Market Weakness Continues; Bitcoin Dives On Elon Musk Sales
    No content preview
    Yardeni, Economist Who Cried ‘Bond Vigilantes,’ Spots Them Again
    (Bloomberg) -- Edward Yardeni, the economist who coined the term “bond vigilantes” during the 1980s and has regularly predicted their return to the investment landscape ever since, said they’re “saddling up.”Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyChina’s Hidden Financial Dangers Erupt With Shadow Bank CrisisNiger Soldie  ( 32 min )
    Cracks Deepen for America’s Biggest Hospital Landlord: Struggling Tenants, a Bailout on Hold
    A California regulator has halted a plan for Medical Properties Trust to take a stake in a struggling hospital chain’s business.  ( 28 min )
    Vietnam's EV firm VinFast slides for third session after debut boom
    With about 99% of the firm controlled by founder Pham Nhat Vuong, the small amount of publicly available shares makes the stock prone to volatility. The loss-making firm was valued at $85 billion in its Wall Street debut on Tuesday, which was followed by a 46% slump in two days that brought down its value to $46.4 billion, closer to that of legacy automakers Ford and General Motors. The company, which has struggled to retain senior executives and has an ambitious target of selling 50,000 electric vehicles this year, is shifting to a new "hybrid model" for sales, bringing in distributors and dealers for overseas markets.  ( 31 min )
    Tesla Stock Is Down Again for a New Reason. Here’s Where It’s Going.
    The shares were down 1.1% in early trading, putting them on pace to drop for a sixth consecutive day.  ( 27 min )
    The Kremlin's top brass are trying to pass the buck over the ruble's collapse. This rare public infighting shows just how precarious Russia's wartime economy is.
    No content preview
    Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls
    Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls  ( 33 min )
    Stocks look set to end rough week with more losses: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 31 min )
    $1.5 Million Will Last This Long If You Retire at 45
    No content preview
    Fed done hiking; slim majority of economists say no rate cut through March
    The U.S. Federal Reserve is likely done raising interest rates, according to a strong majority of economists polled by Reuters, and a slight majority now expect the central bank to wait at least through end-March before cutting them. A 90% majority, 99 of 110 economists, polled Aug 14-18 say the Fed will keep the federal funds rate in the 5.25-5.50% range at its September meeting, in line with market pricing. After raising rates by 25 basis points last month, Fed Chair Jerome Powell kept options open for whether there would be a hike or a pause at the September meeting.  ( 33 min )
    US slaps tariffs on some big solar companies for dodging China duties
    The United States on Friday will finalize a decision to impose import duties on solar panel makers who finished their products in Southeast Asian nations to avoid tariffs on Chinese-made goods, according to a senior Commerce Department official. The decision, which largely mirrors a preliminary finding the agency made in December, was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive. But it is good news for the small U.S. solar manufacturing industry, which for years has struggled to compete with Chinese goods and is enjoying renewed investment due to subsidies in U.S. President Joe Biden's landmark climate change law.  ( 30 min )
    Hawaiian Electric Stock Surges in Premarket Trading. Here's Why.
    Hawaiian Electric Industries surged in Friday’s premarket trading, following an eight-day losing streak. The stock (ticker: HE) has faced significant pressure since last week, plummeting by 17% on Thursday. Investors have been concerned by the emergence of class-action lawsuits against the company  ( 12 min )
    Stocks look set to end brutal week with more steep losses: Stock market news today
    Stocks were set to continue an August swoon on Friday.  ( 30 min )
    Farfetch Stock Is Down 40% as Results Trigger Downgrade
    KeyBanc Capital Markets analysts downgraded shares of the e-commerce company for luxury fashion to Sector Weight from Overweight.  ( 26 min )
    8 Big Stock Disasters Knock Cathie Wood Off Her Perch
    No content preview
    Evergrande Files for U.S. Bankruptcy as China Crisis Deepens. The Risks Ahead.
    A symbol of China's property crisis filed for Chapter 15 bankruptcy protection. Troubles continue at other developers—and in the financial system.  ( 27 min )
    Deere Earnings Smash Wall Street Estimates. Here’s Why the Stock Is Falling.
    Deere reports fiscal third-quarter earnings of $10.20 a share. Wall Street was looking for $8.22.  ( 26 min )
    ‘When I See a Bubble Forming, I Rush in to Buy’: George Soros Snaps Up These 2 Buy-Rated Stocks
    While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been up. The reason for the rally has been primarily down to AI hype, with various cultural commentators predicting this tech’s impact could be as big as that of the Industrial Revolution. But not all are quite as hyperbolic. There are grumblings on Wall Street that we are now entering an AI-driven bubble, with some prominent market watchers claiming the rally might not be sust  ( 34 min )
    Hawaiian Electric takes expert help but says goal not to restructure
    Ratings agency Moody's Investors Service earlier in the day downgraded the company's stock to junk status. Hawaiian shares have lost more than half of its value since the Aug. 8 wildfires that destroyed the coastal Maui town of Lahaina and killed at least 110 people. The company did not clearly outline the purpose for which it was seeking expert advice.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/18/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/18/2023
    No content preview
    Market Digest: CCEP, CSCO, ITRI
    No content preview
    An Auto-Parts Retailer Crashed—It Can Be Fixed
    Advance Auto Parts could run like a dream again with a new CEO.  ( 25 min )
    XPeng Earnings Miss, But EV Startup Sees Q3 Delivery Surge. The Stock Is Falling Anyway.
    No content preview
    VinFast slumps for third straight day after eye-popping market debut
    Investing.com -- VinFast Auto (NASDAQ:VFS) shares tumbled for a third straight session in early U.S. trading on Friday, representing another step down from an eye-popping surge in the Vietnamese electric vehicle maker's stock after its debut on the Nasdaq on Tuesday.  ( 31 min )
    Deere raises annual profit outlook on strong demand for large tractors
    Deere & Co raised its annual profit forecast on Friday as demand for large farm tractors remains robust, while easing supply chain bottlenecks lower manufacturing costs. The Moline, Illinois-based company has also seen high demand for its construction equipment, as the United States upgrades roads, railways and other transportation infrastructure under the Joe Biden administration's $1 trillion package approved by the Senate in 2021. Deere, a barometer for the global economy, has maintained resilient operating profit margins, despite global market volatility.  ( 31 min )
    Deere Raises Profit Outlook With Farmer Demand Still Strong
    (Bloomberg) -- Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildThe world’s top  ( 31 min )
    Bitcoin Could Fall Another 25%. Will Elon Musk and SpaceX Be to Blame?
    Elon Musk's SpaceX has written down the value of its crypto holdings and sold Bitcoin, The Wall Street Journal reports.  ( 26 min )
    Billionaire Steve Cohen Fights a $10 Million Tax Bill to Derail an IRS Plan
    (Bloomberg) -- Steve Cohen is contesting an Internal Revenue Service campaign to compel hundreds of money managers — including his Point72 Asset Management — to pay self-employment taxes on a main source of earnings.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal  ( 32 min )
    Ford demands secrecy as it preps salaried workers for blue-collar jobs if UAW strikes
    Secret Ford meetings prep white-collar workers to work in parts depots if the UAW goes on strike. "This is the little bit Ford can do," analyst says.  ( 36 min )
    These Stocks Are Moving the Most Today: Applied Materials, Keysight, Farfetch, Deere, XPeng, and More
    Applied Materials reports earnings and issues a forecast better than analysts' expectations, Keysight stock falls after a weaker-than-expected fiscal fourth-quarter outlook, and Farfetch slumps after a quarterly sales miss. Meanwhile, Deere, XPeng, and Palo Alto Networks are scheduled to report earnings Friday.  ( 27 min )
    China Steps Up Efforts to Stabilize Markets as Confidence Slumps
    (Bloomberg) -- Chinese authorities have stepped up efforts in recent days to bolster the financial market in a sign that Beijing is growing uncomfortable with the pace of declines in stocks and the yuan. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reac  ( 32 min )
    Generac Is a Growth Stock at a Value Price. Buy It Before the Storms Start.
    Shares of the power-generator maker are down 56% over the past year, and 35% since Barron’s recommended buying them last fall.  ( 26 min )
    No, SpaceX Isn't the Cause of This Multi-Billion Dollar Bitcoin Bloodbath
    Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.  ( 33 min )
    Vietnam Tycoon Loses $18 Billion After EV Maker’s Shares Sink
    (Bloomberg) -- After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to Earth — erasing a chunk of its billionaire founder’s fortune.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Wor  ( 30 min )
    Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
    (Bloomberg) -- Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s SpaceX selling Bitcoin holdings added to the concerns. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlob  ( 31 min )
    USW transfers its right to bid on U.S. Steel to Cleveland Cliffs
    Late-night announcement is the latest in the drama for the control of United States Steel Corp.  ( 11 min )
    Foreign investors are giving up on China as capital flows reverse
    No content preview
    'Shark Tank' investor Kevin O'Leary says Michael Burry's bet against the S&P 500 is going to be painful, even if he's right eventually
    No content preview
    Dow Jones Futures: Bears Rule As More Leaders Crack, But Ultimate AI Stock Nvidia Fights On
    No content preview
    Treasuries to Rebound as US Recession Looms, Schroders Says
    (Bloomberg) -- Bets on long-dated Treasuries have backfired as the US economy holds firm, but payday is coming for those who are brave enough to stick to their guns.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries Bu  ( 32 min )
    Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
    Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$17,000.  ( 33 min )
    Elon Musk's SpaceX News Sends Bitcoin Tumbling
    No content preview
  • Open

    S&P 500 Gains and Losses Today: Mixed Earnings Reactions Lead to Losses for the Week
    The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.  ( 1 min )
    Markets Mixed at Midday Amid Concerns About China's Property Market, Evergrande Bankruptcy
    U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.  ( 1 min )
    5 Things to Know Before Markets Open
    Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Dips as Healthcare Stocks Plummet
    The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 1 min )
  • Open

    Moederbedrijf Douwe Egberts en Pickwick weigert uit Rusland te vertrekken
    Het moederbedrijf van Douwe Egberts en Pickwick, JDE Peet's, peinst er niet over om zich terug te trekken uit Rusland. Dat zegt topman Fabien Simon in een interview met The Wall Street Journal. Veel bedrijven hebben zich teruggetrokken uit Rusland wegens de inval van Rusland in Oekraïne.  ( 4 min )
    Brillenketen Specsavers stopt na een jaar al met zijn Belgische avontuur
    Specsavers stopt na nog geen jaar met zijn drie winkels in België. Dat laat de opticien- en audicienketen vrijdag weten op zijn website.  ( 3 min )
    Diepe recessie in Europa is volgens ECB-bestuurder zeer onwaarschijnlijk
    De economie van eurolanden zal in de komende jaren blijven groeien en het is onwaarschijnlijk dat die in een diepe of lange recessie zal belanden. Dat zegt bestuurder Philip Lane van de Europese Centrale Bank.  ( 4 min )
    Beurskoers Adyen daalt na dramatische beursdag naar laagste niveau in drie jaar
    De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder naar de laagste koers sinds april 2020. Dit na een dramatische koersval donderdag. Toen verloor Adyen door een koersdaling van bijna 40 procent in een dag bijna 19 miljard euro aan beurswaarde.  ( 4 min )
    Big Bazar weer verder in problemen: nóg een verhuurder vraagt faillissement aan
    Het lijstje van bedrijven dat het faillissement van Big Bazar aanvraagt wordt steeds langer. Het beursgenoteerde vastgoedbedrijf Wereldhave is nu ook naar de rechter gestapt om de koopjesketen failliet te laten verklaren.  ( 3 min )
    Na pijnlijke dag daalt de beurskoers van Adyen nog verder
    De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder. Dit na een dramatische koersval donderdag op de Amsterdamse beurs. Toen werd Adyen door een koersverlies van bijna 40 procent in een dag 19 miljard euro minder waard op de beurs.  ( 3 min )
    Schiphol ontlast bagagesjouwers met tilhulpen en robots
    Schiphol schaft dertig nieuwe tilhulpen aan om bagagesjouwers te ontlasten. Eerder werden ook al negentien robots ingezet na scherpe kritiek van de Arbeidsinspectie.  ( 3 min )
    Bitcoinkoers abrupt omlaag nu SpaceX de munt minder waard vindt
    De bitcoin is in een dag tijd abrupt met ongeveer 8 procent in waarde gedaald. De koers ging van ruim 26.000 euro donderdagochtend naar ruim 24.000 euro vrijdagochtend. Die waardedaling volgt op het nieuws dat SpaceX zijn bezittingen in bitcoins heeft afgewaardeerd.  ( 3 min )
    NU+ | Groot inslaan en ritje buitenland: jullie bespaartips voor boodschappen
    Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )
    NU+ | Zijn zonnepanelen nog wel voordelig? Jullie vragen beantwoord
    Energiebedrijf Vandebron gaat eigenaren van zonnepanelen laten betalen voor het terugleveren van stroom aan het netwerk. Op ons reactieplatform NUjij zijn daar veel vragen over gesteld. Ben Woldring, eigenaar van energievergelijkingswebsite Gaslicht.com, geeft antwoord op de beste en meestgestelde vragen.  ( 5 min )
    Rechter wil dat waakhond AFM dubieuze grondhandel aan banden legt
    In een rechtszaak waarbij een grondhandelaar op een dwingende manier lappen landbouwgrond verkocht aan een particulier, vindt de rechter dat er meer financieel toezicht moet komen op deze praktijken. De handel in grond is voor kopers namelijk zeer risicovol.  ( 5 min )
    Recordaantal van 1 miljoen bestelauto's rijdt rond in Nederland
    In Nederland rijden er nu 1 miljoen bestelauto's rond. Dat blijkt uit cijfers van de RDW (Rijksdienst voor het Wegverkeer) waar het AD over schrijft. Dit jaar zijn er al 53.000 nieuwe auto's geregistreerd. Dit zijn vooral busjes van het merk Volkswagen.  ( 3 min )
    Groot inslaan en een ritje buitenland: jullie tips om te besparen op boodschappen
    Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )
  • Open

    Auto Worker Strike Could Cost $5.6B and Hit Consumers Fast
    An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.  ( 1 min )
    Bankrupt Yellow Accepts $1.3B Bid for Shipment Centers from Rival Estes Express
    While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.  ( 1 min )
    China's Real Estate Giant Evergrande Files for US Chapter 15 Bankruptcy Protection
    Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.  ( 1 min )
    Applied Materials Beats Sales Estimates and Raises Its Guidance on AI, China Demand
    Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.  ( 1 min )
    CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
    CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 1 min )

  • Open

    ‘The AI Gold Rush Is Just Getting Started’: J.P. Morgan Recommends 2 Tech Stocks That Are Poised to Benefit From the AI Revolution
    AI has become the new ‘shiny object,’ attracting investors’ attention. The rush began this past November when OpenAI’s ChatGPT made its debut, demonstrating in the clearest possible way how AI can change the ways computers use the data they collect and the ways we interact with them. The sudden interest in AI has had a spiraling effect. Investors are seeking companies with greater exposure to AI, while tech firms are eager to publicize their own AI links and offerings. Keeping a close watch on t  ( 35 min )
    A 27-year-old personal finance creator breaks down the investment portfolios he's using to reach $2 million in 8 years — and shares the account types and categories of stocks he believes will accelerate his returns
    No content preview
    Inflation is falling and the end of rate hikes is in sight - so why are bond yields still rising?
    No content preview
    Dow Jones Joins Sell-Off As More Leaders Crack, But The Ultimate AI Stock Fights On
    No content preview
    Markets should brace for a turbulent few weeks as slow motion rate shock continues, DataTrek says
    No content preview
    BofA’s Warning of a ‘5% World’ Sinks in With Yields Pushing Higher
    (Bloomberg) -- All around the world, bond traders are finally coming to the sobering realization that the rock-bottom yields of recent history might be gone for good. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesTh  ( 34 min )
    Applied Materials Gives Strong Forecast as Chip Slump Eases
    (Bloomberg) -- Applied Materials Inc., the largest US maker of chipmaking machinery, gave a bullish forecast for the current quarter, indicating that an industry slump may be fading.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Est  ( 32 min )
    'Starting With Nothing Is Where The Big Bucks Are Made' – Mark Cuban Says The Best Way To Start A Business Is With As Little Money As Possible
    According to billionaire entrepreneur Mark Cuban, taking a different approach when launching a business can lead to more success than relying on raising capital. During a recent Southby Southwest (SXSW) panel discussion, Cuban emphasized the value of starting a business “with as little money as possible” and bootstrapping it as much as you can. In the session titled Unleashing the Entrepreneur In Everybody, Cuban provided some insight on raising capital. Don’t Miss: The biggest disruption to sma  ( 32 min )
    China Evergrande Group Files Chapter 15 Bankruptcy in New York
    (Bloomberg) -- China Evergrande Group sought Chapter 15 bankruptcy protection in New York on Thursday, court papers show. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesChapter 15 bankruptcy protects company’s US ass  ( 31 min )
    XPeng’s Earnings Should Be Wild. They’ll Matter for Tesla.
    For the quarter that ended in June, Wall Street expects XPeng to report a per-share loss of 31 cents from sales of $707 million. A year ago, XPeng reported a 46-cent loss from $1.1. billion in sales.  ( 26 min )
    Top CD Rates Today: 5.76% Jumbo CD Is New National Leader
    Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )
    The EV Startup Worth More Than GM Had Troubled U.S. Rollout
    The Vietnamese electric-car company has flip-flopped on strategy and recalled vehicles.  ( 27 min )
    The SEC Is Moving Fast to Erase Crypto’s Big Court Victory
    In a case last month, a federal judge decided that most sales of a token called XRP didn't qualify as securities transactions.  ( 26 min )
    Options Are All the Rage in Stocks With $2 Trillion Deadline Looming
    (Bloomberg) -- The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks — spurring a Goldman Sachs Group Inc. warning that the activity is fueling the recent market selloff.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More H  ( 33 min )
    Stocks slide for third straight day as yields continue climb: Stock market news today
    Wall Street failed to rebound, continuing a gloomy August.  ( 32 min )
    Broadcom Secures $28.4 Billion Debt Financing for VMware Buy
    (Bloomberg) -- Broadcom Inc. has secured up to $28.4 billion in new debt commitments to fund its purchase of VMware Inc. and replace a shorter-term loan it had snagged as it awaits regulatory approval for the deal.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Y  ( 32 min )
    AAA: I'm Selling My House and Netting $400k to ‘Pay Off My Retirement Home.' Do I Have to Pay Capital Gains Tax?
    I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Who owns the largest amount of shares in U.S. Steel, Cleveland-Cliffs?
    Who owns the most U.S. Steel and Cleveland-Cliffs stock?  ( 11 min )
    Nvidia’s AI Chips Are Pulling Ahead in the Cloud. Why the Stock Is a Buy.
    Jefferies analyst Mark Lipacis analyzed the June data for the six top cloud-based service providers and found that Nvidia gained market share over the past year.  ( 26 min )
    Dow Jones Falls As Walmart Tumbles; Cathie Wood Piles Into This Stock After 50% Plunge
    No content preview
    Load up on bonds for their juicy yields before the stock-market rally loses steam, says Morgan Stanley
    No content preview
    'Another Meme Bites The Dust': After AMC's Crash, Bond King Bill Gross Warns That GameStop Is Next — Here's His Best Value Stock Pick
    AMC Entertainment Holdings Inc. (NYSE:AMC) was one of the hottest meme stocks in 2021. Now, it's facing a stark reality. On Monday, AMC shares plummeted 35%. Investors were concerned about dilution following Friday's court approval of a settlement that would allow the company to convert its preferred equity units into common shares. This significant movement in the stock caught the attention of legendary investor Bill Gross, known widely as the Bond King. "Another Meme bites the dust — AMC," he  ( 33 min )
    Elon Musk's SpaceX turns profit in first quarter as revenue soars - WSJ
    SpaceX did not immediately respond to a Reuters request for comment. The space company, which was founded more than two decades ago, was valued at roughly $150 billion at a recent employee stock sale, putting its valuation on par with that of Intel or Walt Disney , the Journal reported. In 2022, revenue doubled to $4.6 billion, helping the company reduce its loss last year to $559 million from $968 million, the WSJ reported.  ( 30 min )
    Bankrupt Trucker Yellow Gets $1.3 Billion Bid From Rival Estes
    (Bloomberg) -- Trucking firm Estes Express Lines has struck a $1.3 billion deal to acquire all of Yellow Corp.’s terminals out of bankruptcy, an offer that’s subject to higher bids should any materialize in the coming weeks.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateFed Saw ‘Significant’ Inflation Risk That May Merit More HikesNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGloba  ( 30 min )
    Analyst Report: BCE Inc
    No content preview
    Analyst Report: Simon Property Group, Inc.
    No content preview
    Analyst Report: UWM Holdings Corporation
    No content preview
    Analyst Report: Target Corp
    No content preview
    Americans will run out of pandemic savings next month, Fed warns
    Americans will burn through all their pandemic savings by the end of September, according to estimates by the Federal Reserve.  ( 31 min )
    Market Update: SPG, TGT, BCE, UWMC
    No content preview
    U.S. Steel clarifies role of union in change in company’s control
    United States Steel Corp. released more details Thursday on its obligations under its basic labor agreement with United Steelworkers on the union’s role in any plant or corporate transaction.  ( 10 min )
    401(k) millionaires are on the rise after taking a hit last year. Boomers are leading the way
    Retirement account balances are roaring back after 2022's dismal performance.  ( 32 min )
    Tesla warns Core Lithium of potential lawsuit over failed deal
    The two companies failed to reach a deal by Oct. 26, 2022, as decided earlier, and now Tesla would take "all available legal remedies" unless the parties mutually resolve the matter, Core lithium said in a presentation on Wednesday. The notice of a potential legal claim is related to a binding term sheet the companies signed in March last year to negotiate the terms of a supply agreement under which Elon Musk-led Tesla would have received spodumene, a lithium-rich mineral.  ( 31 min )
    Adyen Shares Dive After Reporting Slowest Sales Growth Amid Stiff Competition
    ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 18 min )
    SoFi Snags Higher Price Target as Investors Show ‘More Sustained Interest’
    Citi analysts raised their price target on the fintech stock to $12 from $10.  ( 26 min )
    AB InBev’s Bud Light has started to win over Americans again, according to a Deutsche Bank survey
    Bud Light was caught in a heated controversy in April over a collaboration with transgender influencer Dylan Mulvaney which gutted sales.  ( 32 min )
    Stocks turn lower as yields stay near recent highs: Stock market news today
    Wall Street looked to rebound from two straight down sessions.  ( 31 min )
    Cash-Strapped Collectors Offload Prized Memorabilia. ‘Literally Like Selling Away My Life.’
    Their collectible baseball cards, sneakers and Barbie dolls are their emergency funds.  ( 21 min )
    Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.
    As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in U.S. oversight by winning approval to handle customers’ buying and selling of crypto futures.  ( 34 min )
    Stock Market Mixed As Nasdaq Struggles; CVS Health Plunges On Mark Cuban News
    No content preview
    Ask an Advisor: I'm 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest?
    No content preview
    After stellar debut, Vietnamese EV maker VinFast's shares drop for second day
    Its shares fell 16% in early trading after losing 19% in the previous session as the loss-making company faces an ambitious annual goal set by its founder Pham Nhat Vuong - to sell 50,000 EVs, more than twice the sales notched up so far this year. Meanwhile, its lofty valuation could be at risk as it looks to raise more capital over the next 18 months.  ( 30 min )
    Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Penny Stocks — Here’s Why Wall Street Sees Over 500% Upside Potential
    There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent. Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed level  ( 35 min )
    A New REIT Is Taking On The Housing Affordability Crisis, And Its Plan Looks Promising
    In response to the country’s escalating housing affordability issue, Elevate Money's new real estate investment trust (REIT), the Future Of Housing Fund (FOHF), is proposing a solution. Partnering with modular home manufacturer Boxabl, the fund aims to channel investment capital and innovation into the affordable housing sector. Boxabl's Innovative Home Construction Method Boxabl is making waves for its novel approach to home construction. Its modular units, which can be efficiently folded and s  ( 31 min )
    VinFast Stock Falls for Second Day
    Shares of electric-vehicle company VinFast fell more than 8% early Thursday, retreating for a second consecutive session. The Vietnamese car maker debuted on the Nasdaq on Tuesday after merging with a special-acquisition company. The stock more than tripled in its first day of trading, [vaulting Vi  ( 21 min )
    This Natural Gas Stock Is The Big Winner On New S&P Index Shuffle
    No content preview
    CVS Health Stock Falls After Insurer Says It Will Drop Caremark
    Shares of CVS Health dropped early Thursday after health insurer Blue Shield of California said it will drop CVS's Caremark pharmacy-benefit manager to work with other companies, includi  ( 22 min )
    Sure, You Can Now Delay RMDs. But Think Twice Before You Actually Do
    No content preview
    Empty Nesters: Avoid This Too Common Retirement Mistake
    Saving for retirement is a lifelong undertaking. It involves keeping your retirement goals in mind as you have children, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College … Continue reading → The post Empty Nester? This Avoidable Mistake Could Jeopardize Your Retirement appeared first on SmartAsset Blog.  ( 42 min )
    The battle for U.S. Steel: The Pittsburgh icon is weighing multiple offers in an unexpectedly public saga
    With bids in play from Cleveland-Cliffs and Esmark, a battle for U.S. Steel is underway.  ( 27 min )
    Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
    No content preview
    J&J Holders to Get 8 Kenvue Shares for Each J&J Share in Exchange Offer
    The $40 billion J&J exchange offer for Kenvue stock is likely to be oversubscribed  ( 27 min )
    Buy Apple Stock Ahead of the iPhone 15 Release? History Will Repeat Itself, Citi Says.
    Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )
    Payments Provider Adyen Risks Losing its Stock-Market Halo
    Another set of results from Adyen, another stock-market drubbing. The Dutch payments provider, once a darling of the European tech scene, needs Silicon Valley to get its mojo back. The stock was down by more than a quarter in European trading Thursday after the company put out half-year numbers tha  ( 24 min )
    Hawaiian Electric Stock Tumbles After Restructuring Report
    Hawaiian Electric shares fell around 26% in premarket trading Thursday after The Wall Street Journal reported that the utility company is in [talks with firms that specialize in restructuring advisory work](https://www.wsj.com/articles/hawaiian-electric-in-talks-with-financial-restructuring-professi  ( 21 min )
    Bitcoin Tumbles Below $29,000. Here’s How Much Further It Can Fall.
    After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )
    Dow Jones Futures Rise After Jobless Claims; Walmart Jumps On Earnings
    No content preview
    Investors are betting it's 1998, not 2007: Morning Brief
    Investors are pricing in a rate cut and no recession.  ( 32 min )
    CVS Stock Drops. One of Its Insurance Partners Is Turning to Amazon.
    Blue Shield of California is dropping CVS’s Caremark, its current pharmacy-benefit manager, and replacing it with a selection of other companies including drug delivery from Amazon.  ( 27 min )
    Walmart CFO on gaining high-income shoppers: 'This is not your grandfather's Walmart'
    Walmart's refresh is inviting in a new wave of customers, according to the company's C-suite.  ( 32 min )
    Walmart Posts Another Strong Quarter, the Stock Shrugs. Here’s Why.
    The retailer raised guidance as earnings beat Wall Street expectations, driven by groceries.  ( 26 min )
    Warren Buffett's Second-Largest Bet After Apple Is Paying Off
    No content preview
    Coach Parent Tapestry Slides After Earnings Miss, Weak Guidance
    Tapestry posts fiscal fourth-quarter earnings of 95 cents a share, while Wall Street was expecting 97 cents.  ( 26 min )
    China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says
    Hedge fund EDL Capital is betting on further falls for China's offshore currency and says the yuan's slide could be the next "black swan event" to rattle world markets, according to an investor presentation this month seen by Reuters. The U.S. dollar has strengthened roughly 6% against the offshore yuan so far this year and Chinese state banks have been seen selling dollars this week to stem the yuan fall. EDL Capital, which manages about $1 billion, said factors weighing on the yuan include geopolitical tensions driving Western countries to re-home supply chains that will starve China of foreign investment.  ( 30 min )
    Blue Shield of California looks to cut reliance on CVS, taps Amazon
    The move sent shares of CVS sliding 8%, while rivals Cigna Group and UnitedHealth Group, which also have pharmacy benefit management units, fell sharply in premarket trading. Pharmacy benefit managers, which maintain lists of drugs covered by health insurance plans and negotiate prices with manufacturers, have recently come under scrutiny from lawmakers for their role in rising healthcare costs.  ( 31 min )
    Walmart earnings smash expectations after weaker quarter from Target
    Walmart's grocery business, e-commerce efforts, and guidance raise shone in its second quarter earnings.  ( 34 min )
    Walmart earnings smash expectations after weaker quarter from Target
    Walmart has been on the hunt for new profit drivers.  ( 33 min )
    Daily Spotlight: Commodity Prices Cool Off
    No content preview
    Analyst Report: Vontier Corp
    No content preview
    Analyst Report: Quest Diagnostics, Inc.
    No content preview
    Analyst Report: CBOE Global Markets Inc.
    No content preview
    Market Digest: CL, DGX, CBOE, CTVA, VNT, NET
    No content preview
    A Big Health Insurer Is Ripping Up the Playbook on Drug Pricing
    Blue Shield of California says it aims to save millions on drug costs, and plans to drop CVS Caremark as pharmacy-benefit manager  ( 26 min )
    Daily – Vickers Top Buyers & Sellers for 08/17/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/17/2023
    No content preview
    History Says Buy Apple Stock Ahead of iPhone 15 Release. History Will Repeat, Citi Says.
    Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )
    These Stocks Are Moving the Most Today: Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and More
    Cisco's fiscal fourth-quarter profit and sales beat analysts' estimates, Wolfspeed posts a wider-than-expected loss and issues disappointing guidance, BAE Systems is buying Ball Aerospace for $5.5 billion, and Walmart is scheduled to report second-quarter earnings.  ( 27 min )
    Wireless Carriers Lose Billions as Smartphone Demand Slows
    (Bloomberg) -- The top three US wireless carriers have lost billions in revenue as smartphone sales dwindle in a reversal of the pandemic boom.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options for Fueling S&P 500 SelloffAT&T Inc., T-Mobile US  ( 32 min )
    Bitcoin Tumbles Below $29,000 on Interest Rate Worries. Here’s How Far It Can Fall.
    After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )
    Adyen Plunges 23% as Record Low Sales Growth Disappoints
    (Bloomberg) -- Adyen NV’s shares plunged most on record after first-half earnings missed estimates, weighed down by the Dutch fintech company’s hiring push and inflationary pressures. Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesNiger Soldiers Killed in Attacks by Armed Group,  ( 32 min )
    PayPal Stock Can’t Catch a Break. A Big Investor Cut Its Stake.
    Shares of the payments giant are down 80% from their pandemic-era high in 2021.  ( 26 min )
    Oil Stocks Are Back. Pioneer and 3 Other Gushers.
    Oil exploration-and-production companies look like the sweet spot for investors, rather than refiners, oil-field services providers, or other energy-related firms.  ( 26 min )
    Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
    One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.  ( 31 min )
    Stock-Market Rally Makes More 401(k) Savers Millionaires
    The average retirement saver with a seven-figure balance is 59 years old.  ( 26 min )
    Exclusive-China's major state banks sell dollars for yuan in London, NY hours - sources
    China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to arrest the yuan's rapid losses. State banks usually act on behalf of China's central bank in the country's foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Offshore branches of the state banks were seen selling dollars during London and New York trading hours this week, two sources with direct knowledge of the matter said on Thursday.  ( 30 min )
    Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities
    Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.  ( 32 min )
    Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says
    No content preview
    NVIDIA's Top Stories: How It's Beating Competition in AI in US and Overseas
    Today's top stories for NVIDIA Corp (NASDAQ: NVDA) revolve around the competitive landscape of the semiconductor industry and the company's strategic moves in the market. NVIDIA's AI Chips: A Game-Changer for Data Centers: NVIDIA's CEO, Jensen Huang, underscored the economic advantages of the company's AI chips over traditional CPUs in data centers. The Grace Hopper Superchip, a fusion of CPU and GPU, promises substantial energy savings and enhanced performance for generative AI tasks. Huang ill  ( 32 min )
  • Open

    Bank Letter of Credit Policy Definition
    A bank letter of credit policy assures a company engaged in an international transaction of the creditworthiness of the buyer.  ( 19 min )
    Blockstack (Stacks): What it is, How it Works, FAQ
    Blockstack (Stacks) is a blockchain-based version of the internet that allows full control of data and apps to the user.  ( 22 min )
    Which Transactions Affect Retained Earnings?
    Retained earnings are the cumulative earnings that have yet to be paid to shareholders. Retained earnings are also used to reinvest back into the company or pay down debt.  ( 23 min )
    How to Predict Where the Market Will Open
    Find out how some indicators help investors predict the likely opening direction of stocks. Also, determine how international markets influence the open.  ( 22 min )
    Leveraging Your Real Estate Net Worth
    Using leverage in a housing purchase can significantly increase your real estate net worth. Learn how increasing leverage can benefit your net worth.  ( 25 min )
    Actuarial Adjustment
    An actuarial adjustment refers to a revision made to reserves, premiums, benefit payments, or other values based on a change in actuarial assumptions.  ( 19 min )
    3 MBA Double Majors That Boost Your Value
    Fast-track your MBA degree with a double major to help give your career the edge it needs and create a focus in an area of expertise.  ( 23 min )
    Can You Fund a 529 Plan With a CD?
    Saving for college is a major investment that can span years. CDs can take several years to mature. So can you use CDs to fund a 529?  ( 22 min )
    How Do Business Loans Work?
    A business loan is a type of financing that is used by businesses. Companies can take out business loans from a bank, an online lender, or a credit union.  ( 22 min )
    What Is a Bridge Loan and How Does It Work, With Example
    A bridge loan is short-term financing used until a person or company secures permanent financing. It provides immediate cash flow.  ( 23 min )
    Merchant Category Codes (MCC): Definition, Purposes, and Examples
    Merchant category codes (MCC) are used by credit card companies to classify purchases according to the type of merchant. They are important for card rewards programs and other purposes.  ( 23 min )
    Zero Liability Policy: How It Works for Credit and Debit Cards
    A zero liability policy absolves a credit or debit cardholder from responsibility for fraudulent charges. But it may not apply in all circumstances.  ( 23 min )
    Top CD Rates Today: 5.76% Jumbo CD Is New National Leader
    Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )
    S&P 500 Gains and Losses Today: Index Dips as Healthcare Stocks Plummet
    The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 16 min )
    Wahed Invest: A Look at the Islamic Robo-Advisor
    Wahed Invest Inc. is likely a welcome platform in the robo-advisor environment for religious Muslims.  ( 25 min )
    Will Your Home Renovations Pay Off?
    Some home renovations can boost the value of your home but others will cost you money you won't recoup. Consider a few things before investing in upgrading your home.  ( 23 min )
    CVS Shares Slump as Blue Shield of California Turns to Amazon to Cut Costs
    CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 17 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    6 Ways to Cut the Cost of Your Car Loan
    Buying a car is a big purchase, especially if you have to borrow to make it happen. These tips will help you get a loan at a cost that's right for you.  ( 23 min )
    Is Dividend Investing a Good Strategy?
    Understanding dividends and how they generate steady income for shareholders will help you become a more informed and successful investor.  ( 23 min )
    Ancillary Benefits: What They are, Benefits
    Ancillary benefits are a secondary type of health insurance that covers miscellaneous medical expenses that are incurred during a stay at the hospital.  ( 18 min )
    Cooperative Insurance: What it Means, How it Works
    Cooperative insurance can cover co-op apartments and healthcare. Cooperative insurance allows policyholders to buy more coverage at an affordable cost.  ( 22 min )
    Mortgage Rates Rise to Near a 21-Year High, Says Freddie Mac
    The 30-year fixed-rate mortgage averaged 7.09% as of August 17, a level not seen since 2002, when it peaked at 7.18%.  ( 17 min )
    Bondholder: Definition, Risks and Rewards, Taxes
    A bondholder is an individual or other entity who owns the bond of a company or government and thus becomes a creditor to the bond's issuer.  ( 28 min )
    What Is a Letter of Indemnity (LOI)? Definition and Example
    A letter of indemnity is a letter guaranteeing that contractual provisions will be met; otherwise, financial reparations will be made.  ( 19 min )
    War Damage Corporation Definition
    The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 19 min )
    How Do Balance Transfers Affect Your Credit Score?
    Transferring balances from one or more credit cards to a new card can have both positive and negative effects on your credit score. Here is how to do it right.  ( 23 min )
    Chapter 13 Bankruptcy: Meaning, CARES Act, Example
    Chapter 13 is a U.S. bankruptcy proceeding in which debtors reorganize their finances in order to repay creditors within three to five years.  ( 24 min )
    Chapter 12 Bankruptcy: Definition, Eligibility, and How It Works
    Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.  ( 24 min )
    Silicon Valley: Definition, Where It Is, and What It's Famous for
    Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies.  ( 29 min )
    A Year Later, the Inflation Reduction Act Likely Hasn’t Reduced Inflation—But Give It Time
    The Inflation Reduction Act, enacted a year ago, did a lot of things. Reducing inflation likely wasn’t one of them—at least not yet.  ( 22 min )
    Tips on Selling Your Financial Services Business
    Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )
    Markets Little Changed Midday After Mixed Earnings Results as Treasury Yields Spike
    U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 16 min )
    Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
    While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 17 min )
    Stranger-Owned Life Insurance (STOLI): Meaning and Regulations
    Stranger-owned life insurance is when someone tries to buy coverage on a person they don't know, and is illegal. Here's why.  ( 24 min )
    Blue Book: What it is, How it Works, Effect
    The Blue Book or Kelley Blue Book lists new and used car prices, helping car buyers determine the fair market value and trade-in value of automobiles.  ( 21 min )
    More Young People Are Opening IRAs Even As Student Debt Payments Loom
    The number of IRA accounts rose 34.8% for females aged 18 to 35.  ( 17 min )
    Multifiber Arrangement: What It Was and Special Considerations
    The Multifiber Arrangement (MFA) was an international trade agreement between several countries on textiles and clothing that was active from 1974 to 2004.  ( 21 min )
    Adyen Shares Dive After Reporting Slowest Sales Growth Amid Stiff Competition
    ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 17 min )
    AAA: Definition as Credit Rating, Criteria, and Types of Bonds
    AAA is the highest possible rating assigned to the bonds of an issuer by credit-rating agencies such as Standard & Poor’s and Fitch Ratings. Read more about these bonds.  ( 22 min )
    A-/A3: Definition, Bond Ratings Scale, Example
    A-/A3 are similar rating categories issued by two different rating agencies, Moody's and S&P, to reflect long-term investment bond creditworthiness.  ( 21 min )
    Record-Breaking Third of Homes for Sale Are New Construction
    Homebuyers are increasingly turning to newly built single-family homes, representing a record 31.4% of homes on the market in the second quarter.  ( 17 min )
    Food and Online Sales Surge Powers Walmart's Profit and Earnings in the Second Quarter
    Retail giant Walmart beat profit and sales estimates thanks to surging grocery and e-commerce sales, as its discount-oriented business model shielded it from a broader slowdown in consumer spending.  ( 18 min )
    Aid Trickles In As Homeowner's Losses and Risks From Maui's Wildfires Rise
    Insurance losses from Maui's historic wildfires, which have claimed more than 100 lives and up to 2,200 buildings, could top $3.2 billion for homeowners and lead to the biggest insurance payout in Hawaii's history.  ( 19 min )
    Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
    Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 16 min )
    Mortgage Rates Hovering Near Highest Levels Since 2002
    The 30-year mortgage average is wavering just below a 21-year high. Movement was mixed across other loan types, with the three major ARM averages rising slightly.  ( 20 min )
    Can You Get an FHA Loan for a Mobile Home?
    If you have difficulty obtaining a conventional mortgage for a manufactured home, an FHA loan is an alternative for buying the home, the lot, or both.  ( 24 min )
    U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes
    The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 30 min )
    B1/B+: What It Is, How It Works, Special Considerations
    B1/B+ is the highest quality credit rating for non-investment grade bonds.  ( 21 min )
    Passbook Loan: Meaning, How It Works, Pros and Cons
    A passbook loan is a personal loan made to a savings account holder by the custodial bank using the balance of the savings account as collateral.  ( 21 min )
    5 Things to Know Before Markets Open
    Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 18 min )
    Most Expensive Stocks By Share Price
    What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 20 min )
    Allocated Loss Adjustment Expenses (ALAE) Definition, Examples
    Allocated loss adjustment expenses (ALAE) are part of an insurer’s expense reserves that are attributed to the processing of an insurance claim.  ( 19 min )
    The Best Way to Get Out of Your Car Lease
    If you want to get out of a car lease without paying early termination fees, then you have some alternatives, including lease swapping.  ( 20 min )
    The Digital Divide: What It Is, and What's Being Done To Close It
    The digital divide refers to the gap between people who have access to modern information and communications technology and those who don’t.  ( 26 min )
    Advance Loss of Profit (ALOP) Insurance: What it is, How it Works
    Advance loss of profit (ALOP) insurance provides coverage for financial losses due to delays in construction and infrastructure projects.  ( 18 min )
    Prior Acts Coverage: What it Means, How it Works
    Prior acts coverage is a feature of an insurance policy that extends current coverage to pay claims made on events that took place prior to the policy's date of purchase.  ( 19 min )
    What Is Crypto Lending?
    Crypto lending is the process of depositing cryptocurrency that is lent out to borrowers in return for regular interest payments.  ( 24 min )
    Insurance Defense: What it Means, How it Works
    Insurance defense refers to attorneys who focus on representing cases that stem from insurance matters.  ( 18 min )
    Aggregate Limit of Liability: Definition, How It Works, Example
    The aggregate limit of liability refers to the most money an insurer can be obligated to pay to a policyholder during a specified period.  ( 19 min )
    Condotel: Definition, Ownership, Pros & Cons
    A condotel is a hybrid property that combines the ownership of a condominium with the option to rent out units like a traditional hotel.  ( 18 min )
  • Open

    We kopen steeds minder, maar hogere prijzen houden winkelomzet overeind
    De winkelverkopen dalen alsmaar verder. Al vijf kwartalen op rij kopen we minder dan in dezelfde periode een jaar eerder. Door prijsverhogingen blijft de omzet voor veel winkels toch nog redelijk op peil.  ( 3 min )
    Britse regering staat toe dat pubs zondag eerder opengaan voor WK-finale
    De Britse regering roept lokale overheden op de pubs toestemming te geven om zondag vroeger open te gaan. Zondag spelen de Engelse voetbalsters onder leiding van bondscoach Sarina Wiegman de WK-finale tegen Spanje.  ( 3 min )
    Beurswaarde Adyen keldert met 19 miljard euro in een dag
    Betalingsverwerker Adyen kende donderdag een uitzonderlijk slechte dag. Door tegenvallende resultaten in het eerste half jaar wilden beleggers massaal van hun aandelen af. Daardoor ging de koers onderuit en verdampte 19 miljard euro van de beurswaarde.  ( 3 min )
    ACM: gebruikers warmtenet moeten beter worden beschermd tegen hoge tarieven
    Wie op het warmtenet is aangesloten, moet in de toekomst betere bescherming krijgen tegen extreme tarieven. Dat staat in het advies van toezichthouder ACM over nieuwe regels voor warmtenetten, waar minister Rob Jetten (Energie) aan werkt.  ( 4 min )
    H&M stopt met leveranciers in Myanmar na misstanden in kledingfabrieken
    Kledingketen H&M wil stapsgewijs stoppen met leveranciers in Myanmar, meldt persbureau Reuters. Woensdag is een rapport over wantoestanden in kledingfabrieken in het Aziatische land verschenen.  ( 3 min )
    Nog eens drie faillissementsaanvragen voor koopjesketen Big Bazar
    Nog eens drie partijen willen een faillissementsaanvraag doen voor koopjesketen Big Bazar. Dat meldt directeur Joost Konings van Invorderingsbedrijf Amsterdam, dat de aanvragen in behandeling heeft.  ( 3 min )
    Armoede-experts: leven dreigt voor veel mensen onbetaalbaar te worden
    Om te voorkomen dat het leven voor veel Nederlanders onbetaalbaar wordt, moet het demissionaire kabinet actie ondernemen. Dat zeggen budgetinstituut Nibud en Defence for Children als reactie op een armoedewaarschuwing waar het Centraal Planbureau (CPB) woensdag mee kwam.  ( 5 min )
    Handel in Adyen kort stilgelegd na extreme koersval van 25 procent
    De handel in het aandeel Adyen is donderdag korte tijd stilgelegd op de Amsterdamse beurs. De stap volgde op een koersverlies van 25 procent van het aandeel. Dat is het grootste dagverlies voor het betaalbedrijf, dat sinds 2018 een notering heeft in Amsterdam.  ( 3 min )
    FNV pleit voor minimumloon van 16 euro in strijd tegen armoede
    Vakbond FNV vindt een minimumloon van 14 euro niet meer hoog genoeg en pleit voor een verhoging naar 16 euro per uur. Ook toeslagen en kindgebonden budgetten zouden omhoog moeten in de strijd tegen armoede, vindt voorzitter Tuur Elzinga.  ( 4 min )
    Minister is klaar met vertraging en pakt 5G-frequenties van satellietbedrijf af
    Minister Micky Adriaansens (Economische Zaken) heeft genoeg van de vertraging die satellietbedrijf Inmarsat veroorzaakt voor de ontwikkeling van sneller 5G-internet. Het bedrijf houdt belangrijke radiofrequenties bezet die daarvoor nodig zijn. Daarom pakt Adriaansens die frequenties op 1 februari 2024 af.  ( 5 min )
    Vooral onder jongeren neemt werkloosheid toe
    De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )
    Triodos verdubbelt net als grote banken de winst door hogere rente
    Ook Triodos Bank heeft de winst over het eerste half jaar van 2023 verdubbeld. De kleinere bank volgt daarmee het voorbeeld van ABN AMRO, ING en Rabobank. De banken profiteren volop van de renteverhogingen van de Europese Centrale Bank (ECB).  ( 5 min )
    Zorgen over toenemende armoede als steunmaatregelen in 2024 stoppen
    De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen stoppen.  ( 6 min )
    Praat Mee | Hoe hou jij de kosten van je boodschappen laag?
    NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Nederland zit momenteel in een recessie, maakte statistiekbureau CBS gisteren bekend. Dat komt onder andere doordat huishoudens nu zuiniger leven. Wat doe jij om de kosten van je boodschappen laag te houden?  ( 2 min )
    Werkloosheid neemt iets toe, vooral onder jongeren
    De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )
    Meeste beleggers op tijd vertrokken bij cryptoplatform Binance
    De meeste Nederlandse beleggers hebben cryptoplatform Binance op tijd verlaten. Vandaag sluit Binance de Nederlandse accounts op het platform. Klanten hadden tot woensdag de tijd om hun cryptomunten over te zetten naar een ander platform.  ( 3 min )
    Economische groei valt terug, vooral zorgen over toenemende armoede
    De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen per 2024 stoppen.  ( 3 min )
    In 100 woorden | Is een thuisbatterij een slimme zet als je zonnepanelen hebt?
    Klanten van energiebedrijf Vandebron moeten voortaan extra betalen als ze zonnepanelen bezitten. Het bedrag is afhankelijk van de hoeveelheid elektriciteit die ze terugleveren aan het net. NUjij'ers vroegen zich af of een thuisbatterij een oplossing kan zijn.  ( 3 min )
    NU+ | Zonder sleutel je auto openen is handig, maar ook voor het dievengilde
    Veel auto's beschikken over zogenoemde keyless entry-systemen. Daarmee kun je de auto openen en starten terwijl de autosleutel in je broekzak zit. Dat is erg handig en makkelijk, maar maakt je auto ook inbraak- of diefstalgevoelig.  ( 4 min )
  • Open

    Markets Little Changed Midday After Mixed Earnings Results as Treasury Yields Spike
    U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 1 min )
    Most Expensive Stocks By Share Price
    What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 1 min )
    S&P 500 Gains and Losses Today: Intel Shares Fall After Ending Tower Semiconductor Deal
    The S&P 500 lost 0.8% on Wednesday, Aug. 16, 2023, after minutes from the latest Fed meeting showed members indicated interest rates may still have to rise to curb inflation.  ( 1 min )
  • Open

    Lowest Smartphone Sales in a Decade Could Give Apple Top Unit Sales for First Time
    While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 1 min )
    Ball Shares Surge as BAE System Buys Its Aerospace Operations for $5.6 Billion
    Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 1 min )
    5 Things to Know Before Markets Open
    Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 1 min )

  • Open

    Synopsys Earnings Top Estimates. Founder Aart De Geus Stepping Down as CEO.
    The company's stock was rising in late trading. The chip design software firm is getting a big boost from AI.  ( 26 min )
    Insiders Bet on These 2 High-Yield Dividend Stocks – Here’s Why You Might Want to Follow in Their Footsteps
    Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. However, as with almost anything, simplicity often holds the key. One of the most straightforward strategies is to keep an eye out for insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. So, when an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that they  ( 35 min )
    Will CD Rates Go Up in 2023?
    You can currently earn a record 5.90% with the top CD, and more than two dozen other CDs pay at least 5.50%. Is this the peak, or will the best CD rates climb even higher?  ( 20 min )
    Cisco Gains After CEO Points to Headway in AI and Security
    (Bloomberg) -- Cisco Systems Inc., the largest maker of computer networking equipment, gave a lukewarm revenue forecast for the coming fiscal year, adding to concern that spending on tech infrastructure is slowing.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersFed Saw ‘Significant’ Inflation Risk That May Merit More HikesChina Shadow Bank Misses Dozens of Payments as Risks GrowStocks, Bonds Fall as Rate Hikes Left on the Table: Markets WrapMarc Becker, Apol  ( 31 min )
    Bonds are flashing a warning on mounting US debt and markets would be rattled if Treasury yields rise much more, market vet Ed Yardeni says
    No content preview
    Cisco Earnings Top Estimates, Product Order Growth Accelerates
    No content preview
    Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
    Oil and gas services provider Energy Transfer LP agreed to buy Crestwood Equity Partners LP for $7.1 billion dollars, including $3.3 billion in debt.  ( 18 min )
    The S&P 500 is massively overvalued - and likely to plunge like it did last year, top economist David Rosenberg says
    No content preview
    PayPal's new CEO faces these 3 big challenges
    PayPal's new CEO has a tough job ahead of him when he takes the reins from Dan Schulman on Sept. 27.  ( 33 min )
    UPDATE 1-Hawaiian Electric in talks with financial restructuring firms - WSJ
    Hawaiian Electric Industries is speaking with restructuring advisory firms to address financial and legal challenges over its potential liabilities in the wake of the Maui wildfires, the Wall Street Journal reported on Wednesday. The utility firm is in discussions over the strategies it can pursue and to determine whether it needs to hire legal and financial advisers, the report said, citing people familiar with the matter. Hawaiian Electric did not immediately respond to Reuters' request for a comment.  ( 31 min )
    Stocks sink as Fed minutes reveal more hikes still on table: Stock market news today
    Stock indexes closed lower as investors reacted to minutes from the latest Federal Reserve meeting.  ( 32 min )
    Top Dividend Stocks: Enterprise Products Partners Yields Sizzling 7.6%
    No content preview
    Shipping line Zim bets big on spot market as losses mount
    Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third? The post Shipping line Zim bets big on spot market as losses mount appeared first on FreightWaves.  ( 34 min )
    Warren Buffett and Michael Burry are ready and waiting for a stock-market crash, 'Rich Dad Poor Dad' author says
    No content preview
    U.S. Steel Stock Is Surging. Another Bidder Could Appear.
    Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.  ( 26 min )
    3 Well-Known REITs Get Surprising Downgrades To Start The Week
    Analysts downgrading stocks is an everyday occurrence and certainly nothing out of the ordinary. But it's major news when well-regarded stocks with large followings are the subjects of the downgrades. This week began with downgrades on three popular real estate investment trusts (REITs) across three different subsectors. Two of the downgrades were by the same analyst with Bank of America Securities and one was by an analyst with Argus Research. Take a look at the three REITs that could be in for  ( 34 min )
    Who wins in the takeover battle for United States Steel, no matter what happens
    Who wins in the battle for control of U.S. Steel?  ( 12 min )
    Investment Expert Jim Cramer Says "Two Things That Have Held Their Value In The Craziest Times Of Hyperinflation Are Real Mansions" And This Asset
    Jim Cramer, the well-known financial analyst and host of CNBC’s popular show “Mad Money,” is a figure with a reputation for outspoken opinions and a solid track record in the financial markets. Cramer recently delved into the art market and its potential as a solid investment option, particularly during times of inflation. In one of his episodes, Cramer highlighted Masterworks, a company that offers investors the opportunity to buy shares in individual artworks. The approach allows people to par  ( 31 min )
    Is It Time To Buy XOM Stock As Exxon Mobil Consolidates?
    No content preview
    Analyst Report: Occidental Petroleum Corp.
    No content preview
    Analyst Report: Rocket Companies Inc
    No content preview
    Analyst Report: Firstenergy Corp.
    No content preview
    Goldman Sachs Blames Zero-Day Options for Fueling S&P 500 Selloff
    (Bloomberg) -- Look closely at the contours of Tuesday’s tumble in the S&P 500 and fingerprints of a new market force come into focus.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 51They’re options tied to S&P 500 with a m  ( 33 min )
    Market Update: FE, GSK, HD, OXY, RKT, FE, GSK, HD, OXY, RKT
    No content preview
    Maker of $400 Golf Putter Tumbles After Surging 624% in Stock Debut
    (Bloomberg) -- Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains that made it the strongest US stock-market debut of 2023.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 5  ( 31 min )
    Barrick Gold CEO Says This Is The 'Most Strategic' Metal Of Them All — And It's Not Gold
    Barrick Gold Corp. (NYSE:GOLD) is one of the largest producers of gold in the world. But CEO Mark Bristow recently emphasized the importance of another metal to keep an eye on. During an interview with CNBC, Bristow said, "My view is that copper is the most strategic metal out of all the metals." He pointed out that batteries are a major driver for copper demand, but there's more to the story. "Batteries is not a long-term solution for the future of a better planet for all," Bristow said. "What'  ( 33 min )
    VinFast Stock Is Dropping. The EV Maker’s Shares Are Too Expensive.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    'Big Short' investor Michael Burry's new bets against the S&P 500 and Nasdaq-100 are no surprise. Here's why.
    No content preview
    Sunoco majority owner will pay $7.1B to acquire Crestwood Equity Partners, which had merged with Inergy
    A leading Dallas energy player will pay big bucks for the company that merged with #Royals majority owner John Sherman's old business.  ( 10 min )
    Stocks wobble as Fed minutes reveal more hikes still on the table: Stock market news today
    Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )
    Stocks wobble with Fed minutes on tap: Stock market news today
    Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )
    EV startup from Vietnam with barely any sales and horror reviews, listed via SPAC: It’s now worth more than Ford and GM
    VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.  ( 32 min )
    Putin to force Russian companies to buy plummeting rouble – latest updates
    Britain is facing a growing risk of recession even as rampant inflation begins to ease, economists have warned.  ( 45 min )
    EV Startup VinFast’s Stock Rally Pushes Value Higher Than GM, Ford
    Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value.  ( 26 min )
    A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion
    VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price agreed upon with Black Spade Acquisition.  ( 31 min )
    What 7% Mortgage Rates Mean for Home Buyers
    Buyers should focus on what they can control rather than try to predict mortgage rates.  ( 26 min )
    Oppenheimer Says These 2 Beaten-Down Stocks Could Double Your Money — Here’s Why They Could Rebound
    No content preview
    Palo Alto's Unusual Timing On Earnings Is Making Wall Street Nervous
    No content preview
    Nvidia's earnings will be the AI hype cycle’s biggest test
    No content preview
    Pipeline Company Energy Transfer to Buy Crestwood in $7.1 Billion Deal
    No content preview
    Chevron upgraded, SolarEdge downgraded: Wall Street's top analyst calls
    No content preview
    Palo Alto Networks Earnings, Analyst Meeting Are Late Friday. That’s Unusual.
    Investors seem convinced the security software company has chosen this inconvenient timetable because it has news to deliver shareholders might not like.  ( 26 min )
    As 3M Stock Struggles, A Bearish Option Trade Could Gain $370
    No content preview
    Energy Transfer to acquire Houston-based midstream MLP Crestwood Equity Partners in $7.1B deal
    The Houston area is losing one of its largest publicly traded energy companies in a deal valued at approximately $7.1 billion.  ( 11 min )
    Dow Jones Reverses Ahead Of Fed Minutes; Tesla Stock Slides On More Price Cuts
    No content preview
    Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains
    My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.  ( 34 min )
    Vietnamese electric car start-up worth more than Ford after US listing
    No content preview
    Spectre of hyperinflation hangs over Putin as Russian economy crumbles
    No content preview
    Retirees Don't Know Their No. 1 Retirement Risk
    Retirees don't accurately understand their risks in retirement, according to a recent analysis from the Center for Retirement Research at Boston College. The brief, authored by Wenliang Hou, finds a disconnect between how retirees rank perceived risks and their objective … Continue reading → The post Retirees Don't Know Their No. 1 Retirement Risk: Advisors Can Help appeared first on SmartAsset Blog.  ( 32 min )
    I'm Retiring Early. What Are My Healthcare Options Going to Look Like?
    No content preview
    Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?
    I'm a 65-year-old preparing for retirement within the next three to five years. I'm looking at different types of retirement funds. Would adding stocks that are dividend-structured along with gold and cryptocurrencies be a good mixture? -Earl Shifting from building … Continue reading → The post Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio? appeared first on SmartAsset Blog.  ( 33 min )
    Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
    No content preview
    China Shadow Bank Crisis Sparks Protest by Angry Investors
    No content preview
    Nvidia Stock Gets Price-Target Upgrades. 3 Reasons for Optimism.
    Analysts at Piper Sandler and Raymond James raised their target prices on Nvidia to $500 ahead of its earnings next week.  ( 26 min )
    TJX Beats Earnings Estimates and Raises Guidance. The Stock Rises.
    The retailer handily beats Wall Street's earnings expectations.  ( 26 min )
    JD.com Posts Earnings Beat. But the Stock Can’t Shake the China Gloom.
    A solid top- and bottom-line beat by the e-commerce giant isn't enough to lift the stock amid a selloff in Chinese markets.  ( 26 min )
    Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
    Energy Transfer said the move would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets.  ( 25 min )
    Target Jumps as Big Profit Gain Overshadows Cut to Forecast
    No content preview
    Six Cheap Stocks' Profit Is Poised To Boom 50% Or More
    No content preview
    Coinbase gets green light to let US investors trade crypto futures
    No content preview
    Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
    No content preview
    Target Earnings Beat Expectations. The Stock Rises.
    Target beats analysts' expectations for second-quarter earnings, sending shares higher, despite the retailer lowering full-year guidance.  ( 26 min )
    5 Things to Know Before Markets Open
    Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here’s what investors need to know today.  ( 18 min )
    Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals
    No content preview
    Analyst Report: Conoco Phillips
    No content preview
    Daily Spotlight: Oil Prices Stabilize as Demand Picks Up
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Market Digest: MMP, COP, TMO, HUBS, COP, MMP, TMO, HUBS
    No content preview
    Coinbase Stock Soars as Broker Gets Approval to Tap Crypto’s Most Popular Market
    The Bitcoin futures market, in which trades are typically made with leverage or borrowed money, is the most liquid market in all of crypto.  ( 26 min )
    Daily – Vickers Top Buyers & Sellers for 08/16/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/16/2023
    No content preview
    The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech
    It comes after the fund suffered one of its worst years in history in 2022.  ( 31 min )
    Target CEO on Pride Month fallout: We want our stores to be a 'happy place'
    No content preview
    Target sales ebb in Q2 and it cuts outlook for the year citing inflation and a culture war dustup
    No content preview
    Target slashes profit outlook on student loan repayment fears and economic malaise
    No content preview
    JD.com Posts Earnings Beat. But the Stock Can’t Shake the China Gloom.
    A solid top- and bottom-line beat by the e-commerce giant isn't enough to buoy the stock amid a selloff in Chinese markets.  ( 26 min )
    Fed meeting minutes could hint at end of rate hikes
    The minutes of the Federal Reserve's policy meeting last month may indicate on Wednesday how many policymakers feel the U.S. central bank is done raising interest rates and whether possible risks to the economy from the aggressive monetary tightening have taken on more weight in their debate. The Fed raised its benchmark overnight interest rate to the 5.25%-5.50% range at the July 25-26 meeting, a step Fed Chair Jerome Powell said at his post-meeting press conference may not be the last in an aggressive round of rate increases that began in March 2022 to offset the fastest breakout of inflation since the 1980s.  ( 32 min )
    Cybersecurity Star Dims Ahead of News Dump
    Palo Alto Networks investors are betting that good things never happen late on a Friday afternoon.  ( 25 min )
    Coinbase Gets NFA Approval to Offer Crypto Futures
    Coinbase Global has earned approval from the National Futures Association to offer eligible U.S. customers crypto futures, the company said Wednesday. The largest crypto exchange in the U.S. in September 2021 [filed an application with the NFA](https://twitter.com/coinbase/status/143824759587741696  ( 22 min )
    Tencent’s Net Profit Climbs, Driven by Advertising Recovery
    Tencent Holdings’ second-quarter net profit climbed 41%, thanks to a recovery in various business lines, led by online advertising.  ( 26 min )
    These Stocks Are Moving the Most Today: Coherent, Cava, Tower Semiconductor, DLocal, VinFast, and More
    Coherent issues a weaker-than-expected forecast, Cava's second-quarter profit beats expectations, and Intel calls off its acquisition of Tower Semiconductor.  ( 27 min )
    Intel Drops $5.4 Billion Deal for Tower Semiconductor Amid China Holdup. It’s a Blow to Chip Strategy.
    The move for the Israeli company collapsed due to delays to regulatory approval. It's a setback for plans to ramp up its semiconductor-making business.  ( 26 min )
    Intel Terminates Tower Deal After Failing to Get Approvals
    (Bloomberg) -- Intel Corp. said it’s walking away from its attempt to acquire Tower Semiconductor Ltd., abandoning a $5.4 billion deal after failing to win regulatory approval in time. Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapThe Fed’s Interest-Rate Debat  ( 32 min )
    Cisco Earnings Are Coming. Expect Slow Growth in 2024.
    The networking-equipment company faces crosswinds in terms of demand heading into its fiscal fourth-quarter earnings report.  ( 26 min )
    Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
    (Bloomberg) -- Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time to win regulatory approval runs out, according to people familiar with the matter.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump In  ( 32 min )
    Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
    (Bloomberg) -- Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter of co-founder Forrest Li’s fortune overnight while darkening the shopping and gaming leader’s prospects.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift Ruble Aft  ( 33 min )
    US Treasury 10-Year at a ‘Good Entry Point,’ HSBC’s Major Says
    (Bloomberg) -- The yield on 10-year US Treasuries is at the top end of its range, providing a good entry point for investors, according to Steven Major, global head of fixed-income research at HSBC Plc.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapThe Fed’s In  ( 31 min )
    British Muslims Say Banks Ruin Lives With Debanking Policies
    (Bloomberg) -- When former postman Iqeel Ahmed told staff at his local Halifax branch he couldn’t feed his family because he was locked out of his account, they asked whether he had tried the nearest food bank.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTyco  ( 37 min )
    Fed Minutes Set to Show Only a Minority Saw End of Tightening
    (Bloomberg) -- A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift R  ( 31 min )
    U.S. Steel Takeover Talk Rattles Manufacturers
    A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products.  ( 27 min )
    UPDATE 2-Intel to drop $5.4 bln Tower deal after China review delay -sources
    Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition as required under its contract with the Israeli firm, the sources said. Intel and Tower declined to comment.  ( 32 min )
    China Markets Approach Grim Milestones as Selloff Spirals
    (Bloomberg) -- Chinese stocks extended their recent selloff, putting a key gauge of the nation’s equities on track to erasing all the gains seen since last month’s Politburo meeting.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweepi  ( 30 min )
    Intel to drop $5.4 billion Tower deal after China review delay -sources
    Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition as required under its contract with Tower, the sources said. It does not plan to negotiate an extension of the contract, and will instead pay Tower a $353 million break-up fee to walk away, the sources added.  ( 31 min )
    China Home Prices Drop at Faster Pace as Downturn Worsens
    (Bloomberg) -- China home prices dropped for a second month in July, a further sign of the deepening property downturn that’s weighing on the world’s second-largest economy.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweeping Georgi  ( 31 min )
    Apollo sells Yellow term loan to Citadel
    Apollo Global Management sold a $485 million loan to Yellow Corp. and has withdrawn its proposal for bankruptcy financing. The post Apollo sells Yellow term loan to Citadel appeared first on FreightWaves.  ( 31 min )
    Hedge Fund That Sees Hard US Landing Says Selloff to Deepen
    (Bloomberg) -- The rally in equities is set to grind to a halt as investors come to grips with slowing US growth, and seasonal factors are likely to compound the selling pressure, according to Vantage Point Asset Management.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Ma  ( 31 min )
    Nvidia's upcoming earnings could swing the whole stock market higher as Wall Street's AI frenzy continues
    No content preview
    Apollo-Led Lenders Sell Yellow Loan to Citadel
    The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation.  ( 27 min )
  • Open

    Will CD Rates Go Up in 2023?
    You can currently earn a record 5.90% with the top CD, and more than two dozen other CDs pay at least 5.50%. Is this the peak, or will the best CD rates climb even higher?  ( 20 min )
    Hedge Your Bets with Inflation-Indexed Bonds
    Inflation-linked bonds, such as TIPS and I-Bonds, protect returns from the loss of purchasing power and increase portfolio diversification.  ( 24 min )
    Blockchain Operating System: Overview and Examples
    A blockchain operating system uses blockchain as the platform for running a device's operating system  ( 19 min )
    Assessed Value: Definition, How It's Calculated, and Example
    Assessed value is a value assigned to a home by an assessor and is used to determine the property tax bill. It is often a percentage of fair market value.  ( 22 min )
    Portfolio Immunization vs. Cash Flow Matching
    Understand how portfolio immunization is compared to cash flow matching when taking an asset-liability management (ALM) approach to investing portfolios.  ( 21 min )
    Top U.S. Housing Market Indicators
    A quick overview of the top economic indicators to track the housing market in the U.S.  ( 20 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )
    Federal Reserve Officials Are Worried You're Getting Paid Too Much
    Policymakers at the Fed are concerned wage growth isn't slowing fast enough for inflation to fall to the 2% annual rate that the central bank targets, according to minutes of the Federal Open Market Committee released Wednesday.  ( 18 min )
    S&P 500 Gains and Losses Today: Intel Shares Fall After Ending Tower Semiconductor Deal
    The S&P 500 lost 0.8% on Wednesday, Aug. 16, 2023, after minutes from the latest Fed meeting showed members indicated interest rates may still have to rise to curb inflation.  ( 16 min )
    IRS Touts Improvements In Customer Service A Year After It Received Funding Boost
    The IRS has been spending the $80 billion in extra funding it got from the Inflation Reduction Act of 2022 to hire more customer service agents, create chatbots, and reduce paperwork.  ( 17 min )
    Bumbershoot Policy Definition
    A Bumbershoot policy is a specialized form of umbrella liability insurance that covers nonmarine and maritime liability exposures.  ( 19 min )
    Progressive Shares Soar After Net Premiums Written in July Jumped
    Progressive Corporation was the best-performing stock in the S&P 500 on Wednesday after the insurance provider reported a jump in premiums written in July.  ( 16 min )
    What Is an IRA CD?
    An IRA CD combines the safety of a CD with the tax advantages of an individual retirement account. Learn how IRA CDs work and about their pros and cons.  ( 26 min )
    Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
    Oil and gas services provider Energy Transfer LP agreed to buy Crestwood Equity Partners LP for $7.1 billion dollars, including $3.3 billion in debt.  ( 17 min )
    Unsure About Committing to a CD? 5 Ways to Make It Work
    CDs can significantly boost what you earn on your savings. So it's worth exploring ways to safely add one or more top-paying certificates to your savings plan.  ( 25 min )
    Top CDs Today: Record Rates Holding in Every Term
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )
    Southwest Airlines Reaches Tentative Agreement With Transport Workers Union
    Southwest Airlines and the union covering more than 17,000 of its employees reached a tentative agreement on wages, job protections, and benefits for more. But the airline's pilots union still may strike.  ( 17 min )
    Biden Legal Victory Cleared The Way For Student Loan Forgiveness For 804,000 Borrowers
    A court victory for President Joe Biden this week means that thousands of borrowers are joining the growing list of people whose student loans have been forgiven since he took office.  ( 20 min )
    What Is a B2B Robo-Advisor?
    A B2B robo-advisor is a digital automated portfolio management platform that is used by financial advisors.  ( 25 min )
    Why and When Do Countries Default?
    Countries can default on their debt. This happens when a government is either unable or unwilling to make good on a country's financial obligations.  ( 24 min )
    Teachers Can Afford Only One In 10 Homes Near Their Schools
    Teachers’ salaries aren't keeping up with inflation and the rising cost of homeownership.  ( 19 min )
    TRON (TRX) Blockchain Platform Explained and How Does It Work?
    Tron is a block-chained-based platform for sharing digital content. Discover more about Tron and its cryptocurrency, called Tronix or TRX.  ( 19 min )
    How to Buy Kishu Inu (KISHU)
    Kishu Inu (KISHU) is a digital currency based on popular dog-themed meme coins like Dogecoin and Shiba Inu.  ( 21 min )
    How to Get a Personal Loan in 2023
    A personal loan can help you consolidate debt, or provide the funds you need to better your life. Learn how to find and apply for a personal loan.  ( 23 min )
    Is Crypto a Commodity? What It Means, Examples
    A crypto commodity is a digital representation of a commodity, utility, or contract on a blockchain network through exclusive tokens.  ( 22 min )
    How to Choose a Credit Repair Company in 2023
    Credit repair companies can help you find and fix mistakes on your credit report, for a fee. Learn how to choose a credit repair company that works for you.  ( 20 min )
    How to Apply for an SBA Loan in 2023
    The application process for an SBA loan can be extensive and time consuming. Find out how to apply for an SBA loan that meets your business needs.  ( 22 min )
    Housing Starts Rose in July as Building Permits Show Decline May Be Looming
    Goldman Sachs predicts home prices will keep rising, citing tight supply and high demand.  ( 17 min )
    Robo-Advisor vs. Mutual Fund: What's the Difference?
    Mutual funds and robo-advisors are two ways investors can get help building and managing a diverse portfolio. Find out more about the differences between these investing tools.  ( 26 min )
    Crypto Exchange Coinbase Earns Regulatory Approval for Futures Trading
    While the CME already trades crypto futures and the CBOE has approvals for leveraged crypto futures, the nod makes Coinbase the first purely crypto exchange to offer such products.  ( 17 min )
    What Factors Influence a Change in Demand Elasticity?
    Demand elasticity is the sensitivity of the demand for a good or service due to a change in another factor.  ( 22 min )
    Cava Posts a Profit in First Earnings Report Since IPO as It Added New Restaurants
    Mediterranean restaurant chain Cava Group posted a profit in its first earnings report since going public in June as it added new locations.  ( 17 min )
    TJX Shares Jump to a Record on Strong Customer Traffic at the Retailer's Stores
    TJX Companies shares hit an all-time high as the discount retailer posted better-than-expected results and raised its outlook as shoppers flocked to its stores.  ( 17 min )
    Markets Mixed at Midday on Earnings News and Ahead of Fed Minutes
    U.S. equities were mixed at midday on Wednesday, Aug. 16, 2023, after the latest earnings news and ahead of the release of meeting minutes from the Fed's July policy meeting.  ( 17 min )
    How to Identify Cryptocurrency and ICO Scams
    With investors looking to back the latest ICOs and cryptocurrencies, some scammers have taken advantage of the rush to invest.  ( 22 min )
    Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor
    Intel called off a $5.4 billion deal to purchase Tower Semiconductor after it failed to secure timely regulatory approval from China.  ( 17 min )
    What Is the Role of the Nation-State in Globalization?
    Learn about the evolving role of the nation-state in an increasingly globalized world as fewer boundaries restrict international commerce.  ( 22 min )
    30-Year Average Nears 21-Year High
    Mortgage rates were mixed, with 30-year and 15-year rates rising slightly. The 30-year average is just below the early July peak that's estimated to be a 21-year high.  ( 20 min )
    Investment Grade Credit Rating Details: What Does It Mean?
    Investment grade refers to bonds that carry low to medium credit risk.  ( 25 min )
    Robo-Advisor vs. Target Date Fund: What's the Difference?
    Automated robo-advisors are more flexible and can build more complex portfolios. Target date funds (TDFs) have the more specific aim of helping people invest for retirement by slowly adjusting their holdings to reduce volatility and risk over time.  ( 25 min )
    How to Find a Co-Signer for a Personal Loan
    A co-signer agrees to take responsibility for your loan if you don't make payments. As a result, if your credit is less than perfect, a co-signer might help you qualify for a personal loan.  ( 22 min )
    What to Do if You're Denied a Personal Loan
    If you're denied for a personal loan, you might be able to reapply. However, you need to take steps to address the issues that cause the denial in the first place.  ( 24 min )
    When Are Personal Loans a Bad Idea?
    Even though personal loans can help you fund a number of financial goals, they aren't always the right choice.  ( 22 min )
    GPU Usage in Cryptocurrency Mining
    Learn about GPUs (Graphics Processing Units) and how they are used in cryptocurrency mining.  ( 24 min )
    How Does a Business Loan Affect Personal Credit?
    Business loans can certainly impact your personal credit, though this depends primarily on whether a personal guarantee is required.  ( 23 min )
    Target Posts First Quarterly Sales Decline in Six Years, Lowers Outlook
    Target posted its first quarterly sales decline in six years after a dip in discretionary spending, backlash against the company's Pride collection, and rise in retail theft.  ( 18 min )
    Do Robo-Advisors Beat the S&P 500?
    While the S&P 500 is a specific market index, robo-advisors are tools that can invest in a broad range of assets, potentially including S&P 500 index funds.  ( 23 min )
    Does Homeowners Insurance Cover Renovations?
    Renovations may be covered, but they also can increase the value of your home and leave you underinsured. Find out if you should update your policy.  ( 24 min )
    What Is a Student Bank Account?
    Student bank accounts are accounts designed for teens and young adults. Learn about the features of a typical student bank account and how to compare them.  ( 24 min )
    Are Robo-Advisors Worth It?
    Investment management services costing less than financial advisors, but with limited investment choices and personalization  ( 26 min )
    What Are Consumer Protection Laws?
    Consumers have rights that protect them from scams and fraud. Certain consumer protection laws can help in particular situations.  ( 26 min )
    Foster School of Business at the University of Washington
    The Foster School of Business at the University of Washington offers undergraduate, graduate, and doctoral programs in business and other fields.  ( 18 min )
    Understanding Double-Spending and How to Prevent Attacks
    Double-spending is a potential flaw in cryptocurrency systems that refers to the possibility of a digital currency being spent more than once.  ( 20 min )
    Occidental Petroleum to Acquire Carbon Capture Technology Supplier for $1.1 Billion
    Occidental Petroleum will purchase tech firm Carbon Engineering Ltd. for $1.1 billion with plans to build 100 plants, using incentives from the government to combat climate change.  ( 17 min )
    NinjaTrader Review
    NinjaTrader offers software and brokerage services for active traders. As a brokerage, NinjaTrader offers access to the futures and forex markets.  ( 21 min )
    Charles Schwab vs. Vanguard
    Charles Schwab and Vanguard are both huge financial firms that have a fundamentally different approach to online investing.  ( 22 min )
    What Is Gwei? The Cryptocurrency Explained
    Gwei is a denomination of the cryptocurrency ether (ETH), used on the Ethereum network. Learn what it is and how it is used in ETH transactions.  ( 22 min )
    Cryptocurrency Payment Gateway: What It Is, How It Works, Fees
    Cryptocurrency payment gateways are a service available for merchants who prefer to have a trusted third party dealing with digital currencies.  ( 21 min )
    Exchange Rate Risk: Economic Exposure
    Changes in exchange rates have a substantial influence on companies’ operations and profitability. Here are ways they can deal with the risk.  ( 27 min )
    What Is Inland Marine Insurance?
    Inland marine insurance is a type of commercial property coverage. It covers equipment, machinery, tools, cargo, and other property that’s transported over land by train or truck.  ( 21 min )
    5 Things to Know Before Markets Open
    Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here’s what investors need to know today.  ( 19 min )
    What's Wrong With the American Tax System
    Problems with the U.S. tax system include higher effective rates for lower-income people, companies paying little or no taxes, and poor enforcement.  ( 36 min )
    Pre-existing Condition Exclusion Period: Definition and Limits
    The pre-existing condition exclusion period is a health insurance provision that limits benefits for a period of time for a prior medical condition.  ( 22 min )
  • Open

    De omzet in de bouw ging de afgelopen maanden omhoog
    De omzet van de bouw was in de maanden april, mei en juni bijna 8 procent hoger dan een jaar eerder, meldt statistiekbureau CBS.  ( 3 min )
    Klanten van de Bank of Ireland rekenden zich (even) rijk door storing
    Klanten van de Bank of Ireland konden dinsdag de hele dag 'gratis' geld opnemen. Door technische problemen bij de bank konden zij meer geld pinnen dan zij op hun rekening hadden staan.  ( 3 min )
    Klanten van de Bank of Ireland rekenden zich rijk door storing
    Klanten van de Bank of Ireland konden dinsdag de hele dag 'gratis' geld opnemen. Door technische problemen bij de bank konden zij meer geld pinnen dan zij op hun rekening hadden staan.  ( 3 min )
    Chinese munt daalt naar laagste niveau in negen maanden
    De verslechterde Chinese economie zorgt ervoor dat de yuan hard daalt. De Chinese munt bereikte woensdag het laagste niveau sinds november 2022.  ( 3 min )
    Vrachtschip maakt voor het eerst sinds oorlog gebruik van Oekraïense vaarroute
    Een groot vrachtschip dat sinds het begin van de oorlog in Oekraïne stillag, vaart nu voor het eerst over de Zwarte Zee. Het schip maakt gebruik van een zogenoemde humanitaire corridor, een tijdelijke vaarroute voor gestrande schepen.  ( 4 min )
    H&M onderzoekt mogelijke misstanden in kledingfabrieken Myanmar
    Kledingketen H&M gaat twintig beschuldigingen van misstanden in kledingfabrieken in Myanmar onderzoeken. Volgens de Britse mensenrechtenorganisatie BHRRC is er sprake van misstanden in de fabrieken waar het Zweedse bedrijf kleding laat maken.  ( 3 min )
    NU+ | Nederland in recessie: wat gaan we daarvan merken?
    Met twee kwartalen van krimp is de Nederlandse economie in een recessie terechtgekomen. Dat klinkt ernstig, maar gaat dit ons echt veel pijn doen?  ( 3 min )
    CO2-opslag Rotterdamse haven mag doorgaan, klimaatdoelen niet in gevaar
    Porthos, een groot project voor de opslag van CO2 onder de Noordzee, mag doorgaan. Bij de aanleg komt weliswaar wat stikstof vrij, maar dat vormt geen grote bedreiging voor kwetsbare duinnatuur. Dat oordeelt de Raad van State woensdagochtend.  ( 7 min )
    X (Twitter) vertraagde de toegang tot Facebook, Instagram en nieuwssites
    Het socialemediaplatform X (voorheen Twitter) heeft de toegang tot concurrerende sociale netwerken en nieuwswebsites vertraagd. Gebruikers die op een link naar Facebook, Instagram of bijvoorbeeld The New York Times klikten, moesten vijf seconden wachten voordat ze de gewenste pagina konden zien.  ( 4 min )
    Terwijl onze economie krimpt, groeit die in andere eurolanden wel
    De Nederlandse economie is met twee kwartalen van krimp in een recessie beland. In andere eurolanden zijn de ontwikkelingen gunstiger. De economie van de eurozone groeide in het tweede kwartaal met 0,3 procent ten opzichte van een kwartaal eerder.  ( 4 min )
    Stelling | Werknemers moeten zelf kunnen bepalen welke dagen ze thuiswerken
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Hoewel op dinsdag en donderdag de langste files staan en het op die dagen het drukst is op kantoor, willen werkgevers hun personeel niet aanmoedigen op woensdag of vrijdag te komen. Vandaag is daarom de stelling: Werknemers moeten zelf kunnen bepalen welke dagen ze thuiswerken. Breng je stem uit en discussieer mee.  ( 2 min )
    Nederlandse economie duikt recessie in door krimp in tweede kwartaal
    Tussen begin april en eind juni is de Nederlandse economie met 0,3 procent gekrompen in vergelijking met het kwartaal ervoor. Het is de tweede krimp op rij, waardoor we officieel spreken van een recessie.  ( 5 min )
    Gebruik van TweetDeck (X Pro) kost je voortaan ruim 100 euro per jaar
    Gebruikers van socialemediaplatform X (voorheen Twitter) moeten voortaan betalen voor TweetDeck (nu X Pro). Het computerprogramma waarmee je jouw tijdlijn kunt beheren, is vanaf nu alleen nog te gebruiken door mensen met een geverifieerd account op X.  ( 4 min )
    Britse inflatie zakt iets, maar is nog steeds veel te hoog
    De Britse consumentenprijzen zijn in juli met 6,8 procent gestegen. Daarmee was de inflatie lager dan in juni (7,9 procent), maar nog wel veel hoger dan de beoogde 2 procent.  ( 3 min )
    Zoektocht naar personeel blijft pittig: arbeidsmarkt nog zeer krap
    De arbeidsmarkt is nog steeds zeer krap. Werkgevers hadden in het tweede kwartaal van dit jaar moeite om aan mensen te komen. Per 100 werklozen stonden eind juni nog 122 vacatures open.  ( 3 min )
    Werkgevers willen personeel niet sturen in welke dagen ze wél op kantoor werken
    Hoewel thuiswerken sinds de coronapandemie een blijvertje is, werken Nederlanders op dinsdag en donderdag nog vaak op kantoor. Maar ondanks de lange files en drukte op de werkvloer willen werkgevers hun personeel niet aanmoedigen om op woensdag of vrijdag te komen.  ( 6 min )
  • Open

    Energy Transfer Buys Crestwood Equity Partners in a $7.1 Billion All-Equity Deal
    Oil and gas services provider Energy Transfer LP agreed to buy Crestwood Equity Partners LP for $7.1 billion dollars, including $3.3 billion in debt.  ( 1 min )
    Southwest Airlines Reaches Tentative Agreement With Transport Workers Union
    Southwest Airlines and the union covering more than 17,000 of its employees reached a tentative agreement on wages, job protections, and benefits for more. But the airline's pilots union still may strike.  ( 1 min )
    Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor
    Intel called off a $5.4 billion deal to purchase Tower Semiconductor after it failed to secure timely regulatory approval from China.  ( 1 min )
    Target Posts First Quarterly Sales Decline in Six Years, Lowers Outlook
    Target posted its first quarterly sales decline in six years after a dip in discretionary spending, backlash against the company's Pride collection, and rise in retail theft.  ( 1 min )
    Occidental Petroleum to Acquire Carbon Capture Technology Supplier for $1.1 Billion
    Occidental Petroleum will purchase tech firm Carbon Engineering Ltd. for $1.1 billion with plans to build 100 plants, using incentives from the government to combat climate change.  ( 1 min )
  • Open

    Progressive Shares Soar After Net Premiums Written in July Jumped
    Progressive Corporation was the best-performing stock in the S&P 500 on Wednesday after the insurance provider reported a jump in premiums written in July.  ( 1 min )
    Markets Mixed at Midday on Earnings News and Ahead of Fed Minutes
    U.S. equities were mixed at midday on Wednesday, Aug. 16, 2023, after the latest earnings news and ahead of the release of meeting minutes from the Fed's July policy meeting.  ( 1 min )
    5 Things to Know Before Markets Open
    Housing starts are expected to rise and Intel ends its plans to acquire Israeli chipmaker Tower Semiconductor. Here’s what investors need to know today.  ( 1 min )

  • Open

    Billionaire Ken Griffin Pours Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
    If you’re looking for effective strategies for making sound stock selection decisions, you could do a lot worse than peep into the current portfolios of Wall Street’s investing titans. By discovering which equites they are leaning into at any given time, investors can piggyback on the decades-long success attained by the stock picking giants. Few are more successful at this game than Ken Griffin, the founder and CEO of hedge fund Citadel and a man with a net worth of ~$34 billion. Last year, aga  ( 34 min )
    Graphite Is The Big Winner In A Multi-Trillion Dollar EV Boom
    The electrification of everything is already underway, and there is one extraordinary $23 billion opportunity that investors continue to overlook.  ( 41 min )
    Home prices in over half of US markets saw record price increases in the 2nd quarter
    No content preview
    Occidental to Buy Canadian Startup Carbon Engineering for $1.1 Billion
    (Bloomberg) -- Warren Buffett-backed Occidental Petroleum Corp. agreed to buy Canadian startup Carbon Engineering Ltd. for $1.1 billion as the oil producer expands its position as a leader in removing carbon dioxide from the atmosphere. Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-  ( 32 min )
    J&J’s Kenvue Deal Could Be Too Popular. What Happens if It Is.
    If demand is too high, J&J holders who participate will be able to swap only part of their investments for Kenvue  ( 27 min )
    PNC Sells $750 Million of Bonds as Banks Rush to Raise Cash
    (Bloomberg) -- PNC Financial Group Services Inc. tapped the US blue-chip bond market for the second time since a regional banking crisis rattled investors earlier this year.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapThe Fed’s Interest-Rate Debate Is Shiftin  ( 32 min )
    Maker of $400 Golf Putters Becomes 2023’s Best IPO With a 624% Gain
    (Bloomberg) -- Sacks Parente Golf Inc. shares skyrocketed 624% in its first day of trading, notching the best initial public offering debut on a US exchange this year.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweeping Georgia Elec  ( 30 min )
    VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors
    (Bloomberg) -- VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. and Ford Motor Co., as traders flipped shares of the electric-vehicle maker.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After Crash  ( 32 min )
    Warren Buffett Bought 3 New Stocks — The ITB ETF Owns Them All
    Warren Buffett is widely recognized as the greatest investor of all time, so when he buys new stocks, investors tend to take notice. According to its latest 13F filing, which came out yesterday, Buffett’s Berkshire Hathaway initiated positions in just three new stocks during the second quarter — NVR (NYSE:NVR), Lennar (NYSE:LEN), and D.R. Horton, Inc. (NYSE:DHI). Interestingly, all three are homebuilders. While investors should always do their own due diligence before making any investment, taki  ( 34 min )
    Cava turns profitable, justifies high valuation with big quarter for sales
    Cava delivered impressive earnings as it basks in its post-IPO glow.  ( 32 min )
    Cava turns profitable, justifies high valuation with a big quarter for sales
    Cava is giving investors their first taste of its future potential.  ( 32 min )
    Vietnamese EV Maker VinFast Surges in Nasdaq Trading Debut
    (Bloomberg) -- VinFast Auto Ltd. soared in its first day of trading as the Vietnamese electric-vehicle maker looks to raise its profile and take on established car manufacturers.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapTrump Indictment Lays Out Sweeping G  ( 32 min )
    Wheels Up Lands $500 Million Rescue That Puts Delta, Investors in Control
    The private-jet membership company agreed to turn over a 95% stake in return for new financing.  ( 29 min )
    Top CDs Today: Three New High-Yield Options and a Leading Rate of 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )
    Insiders 'Agree': This REIT Is A Great Value At These Levels
    It's always a good sign for stockholders when they see one of the insiders at a company buying shares of company stock. It's well known that insiders may sell shares for dozens of personal reasons that have nothing to do with the company's performance, but generally, insiders are only buyers when they feel the stock price is undervalued and likely to rise over time. It's even more significant when multiple insiders are buying shares of company stock, as that indicates optimism among more than on  ( 33 min )
    Stocks sink as China woes spark global sell-off: Stock market news today
    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 32 min )
    Best Cathie Wood Stocks To Watch: Coinbase, Block, Roku, Zoom Video; Tesla Stock Skids
    No content preview
    Can I Avoid Probate on My Bank Accounts?
    No content preview
    Hawaiian Electric Stock Faces Worst Two-Day Stretch on Record After Deadly Wildfires
    The selloff continues in shares of troubled utility Hawaiian Electric Industries. The stock fell another 24% on Tuesday after [Monday’s plunge](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-08-14-2023/card/hawaiian-electric-industries-stock-plunges-in-wake-of-deadly-wildfires-UKImN6  ( 21 min )
    Esmark CEO says has money in bank account for $7.8 billion US Steel bid
    Esmark Inc majority owner and chief executive James Bouchard said in an interview on Tuesday that his steel maker, which does not publicly report its earnings, has cash for its $7.8 billion bid for U.S. Steel Corp sitting in his bank account. Esmark unveiled its offer on Monday after Cleveland-Cliffs Inc, another steel maker, said on Sunday it had made a $7.3 billion offer for U.S. Steel, which the latter rejected. Cleveland-Cliffs said it could afford the deal because it would pay for half of it using its own stock as currency and borrow from banks to help pay for the other half.  ( 31 min )
    800,000 borrowers are set to get their student loans forgiven
    Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.  ( 32 min )
    Just 10% of Workers to Wait Until 70 to Take Maximum Social Security Benefits
    Despite the fact that delaying the start of your Social Security benefits until age 70 means a 32% increase in the amount you would receive, only 10% of non-retired Americans between the ages of 60 and 65 plan to wait for the larger payout, according to the 2023 Schroders U.S. Retirement Survey. Consider working with […] The post Just 10% of Workers to Wait Until 70 to Take Maximum Social Security Benefits appeared first on SmartReads by SmartAsset.  ( 32 min )
    Nvidia shares climb as analysts raise targets ahead of report
    Over $22 billion worth of Nvidia's shares were traded as of mid-day, beating out $14 billion of trades in Tesla, which is usually the Wall Street's most traded stock. Nvidia shares rose as much as 3.5% before trimming gains. Nvidia was just one of three stocks in the Philadelphia semiconductor index trading higher on Tuesday after stronger-than-expected U.S. retail sales data stoked worries that interest rates could stay higher for longer, rattling the stock market.  ( 32 min )
    Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks
    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 19 min )
    MPW Gets Whacked Twice: Shares Now In Intensive Care
    Poor earnings and analyst downgrades are two negative events that can impact the price of a stock. When a company reports disappointing financial results, it may reflect potential problems with its business operations, a lack of growth or overall financial difficulties. It typically sends investors rushing to the exits. If an influential analyst subsequently downgrades that stock, it stokes even more fears about the overall health of the company. The result: More investors will dump their shares  ( 33 min )
    Retirement savings: 'Late boomers' are on the brink
    Baby boomers born from 1960 to 1965 are in big trouble when it comes to retirement savings. The so-called late boomers, nearing retirement, have less wealth than earlier boomer cohorts, including paltry 401(k) assets, according to a new white paper.  ( 33 min )
    A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June
    No content preview
    Analyst Report: Marathon Oil Corporation
    No content preview
    Analyst Report: WEC Energy Group Inc
    No content preview
    Analyst Report: Intercontinental Exchange Inc
    No content preview
    Analyst Report: Church & Dwight Co., Inc.
    No content preview
    Analyst Report: L'Oreal S.A.
    No content preview
    Shale Wells Are Losing Oil Output Faster Than Expected, Study Says
    (Bloomberg) -- The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its latest report.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After  ( 31 min )
    Stock losses accelerate amid China woes, retail sales beat: Stock market news today
    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 32 min )
    Market Update: CHD, ICE, MRO, WEC, WMB, LRLCY, ICE, MRO, WEC, WMB, CHD, LRLCY
    No content preview
    Nvidia and 2 Other Tech Stocks Have More to Gain From AI Boom: Analyst
    Wall Street analysts are still underestimating how much the rise of artificial intelligence could boost revenue, according to New Street Research.  ( 35 min )
    'The Cracks Are Starting To Show': Kevin O'Leary Warns That Energy, Food Inflation Isn't Going Away Due To The Trillion Dollars In Printed Money — But He Knows How To Take Advantage
    The U.S. stock market saw robust growth in 2023, with the S&P 500 Index surging by 17%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business' Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from five and a half percent to nine and a half percent and continue to go up." The U.S. Federal Reserve has implemented aggressive inte  ( 33 min )
    Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62?
    I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 32 min )
    Esmark CEO on why he wants to buy U.S. Steel
    Esmark Founder and CEO James P. Bouchard said it's a love of United States Steel Corp. and its place in Pittsburgh that led him to make an offer for the steel manufacturer being pressured by a $7.3 billion bid by rival Cleveland-Cliffs.  ( 13 min )
    Discover Stock Drops After CEO Roger Hochschild's Exit
    Discover Financial shares dropped more than 9% Tuesday after the Riverwoods-Ill.-based company said Roger Hochschild would step down as CEO effective immediately. Discover board member and ex-Regions Financial executive John Owen will serve as interim CEO and president, the company said after marke  ( 23 min )
    In panic mode after ruble plunges below a penny, Russia rescues Vladimir Putin from humiliating currency collapse with emergency hike
    The currency has now surrendered all of its gains from last year to plumb depths not seen since an investor panic in the early days of the war.  ( 31 min )
    BlackRock Pulls the Trigger on These 2 Dividend Stocks — Including One With 14% Dividend Yield
    As we reach the tail end of the 2Q23 earnings season, it’s time to take stock of the current market landscape and gauge the resilience of equities. To start with, the pace of inflation is falling – but remains above the 2% target. Against a background of inflationary pressures and recessionary fears, the second quarter earnings were stagnant – but while the bar was low, most firms cleared it, beating the expectations. In a recent note, BlackRock’s Global Chief Investment Strategist, Wei Li, has  ( 35 min )
    J&J’s Kenvue Spinoff Is Almost Here. What to Do Now.
    The $40 billion exchange offer for shares of Kenvue expires Friday, but brokerage firms want retail investors to make their instructions before then.  ( 27 min )
    U.S. Steel, the First $1 Billion Company, Is Nearing an End. It’s a Lesson for Tesla and Apple.
    The story of United States Steel holds some fascinating history as well as some important lessons for investors.  ( 27 min )
    Sea Limited Misses Revenue Targets; SE Stock Plunges 25%
    No content preview
    Ron DeSantis tells Bob Iger to drop his lawsuit, reminding the CEO, ‘No one has made Disney more money recently than me’
    The Florida governor needs every friend he can muster to narrow Donald Trump's lead in the polls.  ( 32 min )
    Tesla Fires Another Round In EV Price War With Cheaper Model S, X, As Cathie Wood Keeps Selling
    No content preview
    EUR/USD Forecast – Euro Continues to Find Buyers
    The Euro has found buyers again on the dip, continuing the overall supportive action.  ( 32 min )
    U.S. Steel Is Caught in a Bidding War. Why Its Stock Is Dropping.
    Privately held and Pittsburgh-based Esmark has announced an all-cash bid for United States Steel. Few saw that coming after an offer from Cleveland-Cliffs.  ( 26 min )
    A New EV Company Starts Trading Today. Its Stock Is Worth More Than Rivian.
    The Vietnamese EV maker VinFast is beginning life as a publicly traded company on the Nasdaq stock exchange.  ( 26 min )
    Stocks sink amid China woes, while US consumer stays healthy: Stock market news today
    A retail-heavy earnings week began with caution and China painted a grim picture for the world's second-largest economy.  ( 31 min )
    Nvidia Is an AI ‘Kingmaker.’ Don’t Sell the Stock Yet, Analyst Says.
    Chip maker Nvidia has seen shares nearly triple this year. UBS analyst Timothy Arcuri raised his target price to $540 from $475, and writes "it still seems early to get off this train."  ( 27 min )
    'Magnificent 7' Stock Meltdown Costs Investors $632 Billion
    No content preview
    Here's How The 5% Buy Zone Allowed Energy Stock Investors To Make A Mint On Exxon Mobil
    No content preview
    These 7 Growth Stocks Have Perfect 99 Ratings
    No content preview
    U.S. Steel Has a Surprise Second Bidder. Investors Seem Confused.
    Privately held and Pittsburgh-based Esmark has announced an all-cash bid for United States Steel. Few saw that coming after an offer from Cleveland-Cliffs.  ( 26 min )
    On Running Seeks Traction As Earnings, Revenue Diverge
    No content preview
    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 20 min )
    These Stocks Are Moving the Most Today: Home Depot, D.R. Horton, Nvidia, U.S. Steel, Discover, and More
    Home Depot tops report second-quarter earnings estimates, Warren Buffett's Berkshire Hathaway takes a new equity position in home builder D.R. Horton, a new bidder emerges for U.S. Steel, and Discover Financial's CEO resigns.  ( 27 min )
    Analyst Report: Rithm Capital Corporation
    No content preview
    Analyst Report: Alibaba Group Holding Ltd
    No content preview
    Analyst Report: Cummins Inc.
    No content preview
    Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
    (Bloomberg) -- Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic turbulence and intensifying competition.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashOut of Options and Money,  ( 32 min )
    Market Digest: CMI, DINO, KO, BABA, NEWR, RITM, DINO, KO, CMI, BABA, NEWR, RITM
    No content preview
    EV maker VinFast's shares rise in premarket trade before Nasdaq debut
    Vietnam's electric vehicle maker VinFast could open higher on Nasdaq on Tuesday, based on limited premarket trade, as it makes its debut after a SPAC deal that the company says values it at $23 billion. The valuation, which VinFast and its blank-check partner Black Spade Acquisition calculated using rival EV maker Lucid as the benchmark, is the fourth-highest for such special purpose acquisition company (SPAC) deals, according to data from Dealogic. A few hours before its Nasdaq debut, VinFast more than doubled its value in premarket trading involving less than 4% of its shares.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/15/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/15/2023
    No content preview
    Singapore's Sea misses Q2 revenue estimates on weak e-commerce sales
    Southeast Asian technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services. U.S.-listed shares of Sea tanked 14% in trading before the bell. Revenue grew over 5% from a year earlier to $3.10 billion, compared with analysts' estimate of $3.20 billion, according to Refinitiv data.  ( 31 min )
    Home Depot earnings beat estimates, but CEO cites 'continued pressure' on consumers
    Consumers aren't as interested in home renovation as much as they once were.  ( 33 min )
    Home Depot Tops Earnings Estimates, Launches $15 Billion Stock Buyback
    The company is seen as a bellwether for big retailers, its numbers offer clues about the health of the U.S. consumer.  ( 27 min )
    E-commerce giant JD.com denies that founder Richard Liu and wife have moved to the US from China
    Chinese e-commerce giant JD.com has denied speculation that its billionaire founder Richard Liu Qiangdong and his wife Zhang Zetian had emigrated to the US, crushing the latest rumours surrounding the personal life of one of the country's most well-known entrepreneurs. The Beijing-based firm wrote on its Weibo account on Monday that gossip circulating on social media, alleging that the couple had moved to the US or spent more than US$100 million there to buy luxury homes, were fabricated. It add  ( 31 min )
    The Fed’s Interest-Rate Debate Is Shifting
    (Bloomberg) -- As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from how high interest rates need to go to how long they should stay elevated.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia’s 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonChina C  ( 32 min )
    Oil’s Push Toward $90 Lifted From Physical Markets All Over
    (Bloomberg) -- As headline oil prices edge ever closer to $90 a barrel, there’s little sign of a let up in the day-to-day demand that’s underpinned the rally.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia's 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Sessio  ( 33 min )
    European Stocks Decline as China Concerns Build; UK Stocks Lag
    (Bloomberg) -- European equities were little changed amid a summer slowdown and after China’s central bank unexpectedly reduced a key interest rate.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indicted Over Attempts to Overturn Georgia's 2020 Presidential VoteOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets  ( 32 min )
    European Stocks Drop on Inflation, China Concerns: Markets Wrap
    (Bloomberg) -- The yuan slid to the weakest level since November and China’s sovereign bonds rallied after the central bank unexpectedly cut a key interest rate in an effort to boost its ailing economy.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapTrump Indicted  ( 33 min )
    Russian central bank hikes rates by 350 bp to 12% in extraordinary meeting
    MOSCOW (Reuters) -Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate move to try and halt the rouble's weakening past 100 to the dollar after a public call from the Kremlin for tighter monetary policy. The extraordinary rate meeting came after the rouble plummeted past the 100 threshold against the dollar on Monday, dragged down by the impact of Western sanctions on Russia's balance of trade and as military spending soars. President Vladimir Putin's economic adviser Maxim Oreshkin on Monday rebuked the central bank blaming what he called its soft monetary policy on the weakening rouble.  ( 30 min )
    Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold or slashed a bunch of its stocks last quarter
    Buffett's company added a trio of home-construction companies to its stock portfolio last quarter, while it cut or exited several other positions.  ( 32 min )
    Harley, Spotify, and 8 Other Dead Money Stocks That Are Poised to Come Alive
    Barron's looked at stocks in the Russell 3000 that have done little for the past five years and identified 10 stocks where improving analyst sentiment could signal better days ahead.  ( 27 min )
    China Cuts Rate by Most Since 2020 as Economic Woes Deepen
    (Bloomberg) -- China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy that’s facing fresh risks from a worsening property slump and weak consumer spending.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinChina Finance Giant’s Missed Paymen  ( 32 min )
    These are the top 10 holdings of the Mormon Church's $49 billion stock portfolio
    The Church of Jesus Christ of Latter-day Saints' has an investment portfolio topping $100 billion that includes $49.3 billion invested in stocks.  ( 31 min )
    Bond markets are flashing warning signs even as recession forecasts get dialed back, market vet Ed Yardeni says
    No content preview
    5 real-estate investors who 'house hacked' to afford their first properties explain how the strategy works and can help anyone build wealth
    No content preview
    'Big Short' investor Michael Burry reveals bets against the S&P 500 and Nasdaq-100 — and sweeping changes to his stock portfolio
    No content preview
    China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
    (Bloomberg) -- Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with more than 1 trillion yuan ($138 billion) under management. Now it risks becoming the latest Chinese financial giant to fail.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesTech Giants, Yields Tick Up in Choppy Session: Markets WrapOut of Options and Money, Argentina Presses the Panic ButtonOutsider Milei Upends Argentina’s Election With P  ( 33 min )
    Hawaiian Electric’s Future in Doubt After $1 Billion Meltdown
    (Bloomberg) -- Hawaiian Electric Industries Co., which supplies roughly 95% of the state’s residents with power, traces its roots back to 1891, just a decade after King Kalakaua met Thomas Edison to see the incandescent light bulb. Now, the utility is facing what’s shaping up to be the biggest-ever test over its future. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Elect  ( 33 min )
    Nvidia Stock Roars Back, Leads S&P 500, As Chips, Steel Plays Rebound
    No content preview
  • Open

    Cut Your Tax Bill With Permanent Life Insurance
    Learn how to lower your income and estate tax bills while building wealth through permanent life insurance.  ( 23 min )
    Personal Loan Rates & Trends, Week of Aug. 14, 2023: Rates Inch Down
    Personal loan rates dipped slightly this week to 20.59%, dropping 6 basis points since last week when the average personal loan rate sat at 20.65%.  ( 18 min )
    Binance Coin (BNB) Uses, Support, and Market Cap
    Binance Coin (BNB) is the native currency of the Binance exchange which follows the ERC 20 standard.  ( 23 min )
    S&P 500 Gains and Losses Today: Discover Shares Plunge After C-Suite Shakeup
    U.S. equities slumped, with the S&P 500 tumbling 1.16% on Tuesday, Aug. 15, 2023, amid worries about China's economy and possible Fed rate hikes.  ( 17 min )
    The Single Market: Pros and Cons of The European Entity
    The European Single Market is an entity created by a trade agreement among participating nations, including the member nations of the European Union.  ( 21 min )
    Credit Card Debt, Auto Loan Delinquencies Pose Problems for Consumer Lending
    The banking sector is weathering impacts from the spring turmoil, but higher credit card debt helped push loan balances higher as consumers borrowed to beat inflation, an FDIC report showed this week.  ( 17 min )
    Top CDs Today: Three New High-Yield Options and a Leading Rate of 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )
    Shoppers Are Turbocharging the Economy, GDP Model Shows
    The Atlanta Fed’s GDPNow tracker estimates GDP will grow at an annual rate of 5% in the third quarter after a surprising jump in retail sales.  ( 17 min )
    Wheels Up Gets a Bailout and Cedes Control to Delta Air Lines, Certares, and Knighthead
    Shares of Wheels Up skyrocketed after Delta Air Lines, Certares Management, and Knighthead Capital Management bailed out the private charter jet provider and took control of the firm.  ( 17 min )
    Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
    Shares of Vietnam-based electric vehicle maker VinFast soared on their first day of trading on the Nasdaq after going public through a special purpose acquisition company.  ( 17 min )
    Predatory Lending Laws: What You Need to Know
    A mix of federal and state laws protects borrowers from predatory lenders. These laws range from capping interest rates to banning the practice altogether.  ( 28 min )
    How to File Bankruptcy on a Car Loan
    You can file bankruptcy on a car loan, but it’s not a good way of getting out of your car loan. You won’t be able to both expunge the loan and keep your car.  ( 23 min )
    How to Find New Cryptocurrencies for Investment
    New crypto projects emerge frequently, which makes it even more important to know how to assess the market.  ( 27 min )
    What Is the Average Business Loan Term?
    Business loans vary widely with the terms they provide borrowers. Some are shorter term, others are long term. Learn about the average business loan term.  ( 22 min )
    High Interest Rates Could Be Here For a While, Fed Official Says
    The Federal Reserve could keep its benchmark interest rate at least at its current level—the highest since 2001—through the end of the year and beyond, said Neel Kashkari, president of the Federal Reserve Bank of Minneapolis.  ( 18 min )
    Burning-Cost Ratio: What it is and How It Works
    The burning-cost ratio is an insurance industry calculation of excess losses divided by the total subject premium.  ( 18 min )
    Business Inventories Edge Lower in June as Demand Slows
    Business inventories ticked 0.1% lower in June, extending the downward trajectory they've been on since hitting highs last year as demand slows.  ( 17 min )
    Mortgage Broker: Definition, How They Work, and Responsibilities
    A mortgage broker is an intermediary who brings mortgage borrowers and mortgage lenders together but does not use its own funds to originate mortgages.  ( 24 min )
    UBS and Credit Suisse Project Global Wealth Will Rise 38% by 2027
    Last year was the first to show a decrease since 2008, largely driven by losses in the United States, Japan, China, Canada, and Australia.  ( 17 min )
    Home Builders' Confidence Tumbles on Rising Rates
    With mortgage rates nearly at 7% per Freddie Mac, builder confidence is starting to stumble.  ( 17 min )
    Pros and Cons of Investing in NFTs
    Thinking about investing in nonfungible tokens (NFTs)? Find out the pros and cons of owning tokenized assets before you make any NFT purchase decisions.  ( 22 min )
    Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks
    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 18 min )
    Bask Bank Savings Account Interest Rates: August 2023
    Bask Bank offers an attractive pair of savings accounts: One is a typical high-yield savings account, but the other earns American Airlines AAdvantage miles. See if Bask Bank makes sense for your money.  ( 22 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Closed Virtual Currency Definition
    A closed virtual currency is an unregulated digital currency used as payment only within certain virtual communities.  ( 18 min )
    Charles Schwab Savings Account Interest Rates: August 2023
    Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )
    Borrowing Could Get Even More Expensive As U.S. Banks Face Possible Credit Downgrade
    A major ratings company warned it may downgrade the outlook for more than 70 U.S. banks, including some of the largest institutions, a move that could push interest rates for consumer loans higher.  ( 18 min )
    Understanding Denomination With Real World Example
    A denomination is the stated or face value of financial instruments such as currency, bonds and other fixed-income investments.  ( 18 min )
    Abbreviated New Drug Submission (ANDS) Definition
    An Abbreviated New Drug Submission (ANDS) is a written request to obtain marketing approval for a generic drug in Canada.  ( 18 min )
    Chime Savings Account Interest Rates: August 2023
    Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Value Investment Manager Baupost Buys Stake in Amazon
    Value investment manager Baupost bought a stake in Amazon.com in the second quarter, despite Amazon's 2023 stock surge that has more than doubled its price-to-earnings ratio.  ( 17 min )
    David Einhorn's Greenlight Adds Activision Blizzard, Shuns AI Hype
    Greenlight Capital, the hedge fund of David Einhorn upped its stake in Net Power and added stakes in Onex Corp. and Activision.  ( 17 min )
    Minority IPO Defined
    A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )
    Markets Fall at Midday Amid Interest Rate, Downgrade Worries
    U.S. equities dropped at midday on Tuesday, Aug. 15, 2023, amid concerns about China's economy and a surprise interest rate cut by the country’s central bank, as well as the possibility of more Fed rate hikes in the U.S.  ( 16 min )
    Getty Images Posts a Loss and Cuts Its Outlook as Hollywood Strikes Impact Revenue
    Shares of Getty Images tumbled to their lowest level since March after the company reported strikes by TV and movie actors and writers are having a negative impact on revenues.  ( 17 min )
    E*TRADE Savings Account Interest Rates: August 2023
    E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )
    Shopee Owner Sea Misses Estimates and Warns of Future Losses With Plans to Raise Spending
    Shares of Sea Limited tumbled after the Singapore-based online retail and gaming site missed sales estimates and indicated it plans to increase spending on e-commerce.  ( 18 min )
    Bond Ratio Definition
    A bond ratio is a financial ratio that expresses the leverage of a bond issuer.  ( 19 min )
    Calculating (Small) Company Credit Risk
    Determining creditworthiness of smaller and medium-sized corporations isn't as easy as for larger companies, but these tips can help.  ( 20 min )
    Intermarket Spread Definition
    An intermarket spread involves purchasing long futures in one market and selling short futures of a related commodity with the same expiration.  ( 19 min )
    Double-Cycle Billing Definition
    Double-cycle billing is a now-banned practice of billing credit card customers by charging interest on the average debt accrued over the last two months, instead of just for the current month.  ( 20 min )
    SoFi Savings Account Interest Rates: August 2023
    SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.  ( 21 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs
    Industrial conglomerate Esmark offered to buy U.S. Steel for $7.8 billion, shortly after U.S. Steel rejected a $7.25 billion bid from Cleveland-Cliffs.  ( 17 min )
    Top Money Market Account Hits New Record Rate
    Today's top rates on a nationwide money market account are 5.25% from UFB Direct, 5.21% from Republic Bank of Chicago, and 5.05% from All America Bank and Redneck Bank.  ( 20 min )
    How Renting Out Your Spare Room Can Backfire
    Renting out a portion of your home to help pay the mortgage sounds like a great idea, but it may not work out the way you planned.  ( 22 min )
    Home Depot Sales Slide as Consumers Pull Back on Buying Big-Ticket Items
    Home Depot beat profit and sales estimates, despite lower revenue as consumers spent less on discretionary purchases, while the boost from a pandemic-era home improvement boom faded.  ( 18 min )
    Do Changes in Interest Rates Affect Consumer Spending?
    Here are some of the factors that determine how consumers change their spending and saving habits in response to changes in interest rates.  ( 20 min )
    July Retail Sales Beat Expectations
    Shoppers continued to buoy the economy in July, as retail sales came in higher than analysts expected Tuesday.  ( 17 min )
    Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays
    Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure.  ( 17 min )
    30-Year Mortgage Rates Rise to Highest Level Since Early July
    Mortgage rates climbed again, with the 30-year average rising to its highest level in more than five weeks. Rates were up for most loan types, while a few averages were flat.  ( 20 min )
    Tesla Launches Lower-Cost Model X and S in US
    Tesla shares slipped after introducing Model X and S versions in the U.S. that cost about $10,000 less and have a shorter driving range.  ( 17 min )
    Fidelity CD Rates: August 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )
    Banks vs. Credit Unions: Which Is Best for Taking Out a Personal Loan?
    When it comes to weighing whether a bank or a credit union would be better for getting a personal loan, the answer will largely depend on your financial circumstances and personal preferences.  ( 23 min )
    What to Do When the Government Uses the Law of Eminent Domain
    A detailed look at how federal, state, and local governments can use the law of eminent domain to seize private property that is deemed to be necessary for the public good.  ( 25 min )
    Guardian: What it Means and How it Works
    A guardian is an individual who has been given the legal responsibility to care for a child or an adult who does not have the capacity for self-care.  ( 21 min )
    Conservatorship Definition, How It Works, Types, Alternatives
    A conservatorship is when a court appoints someone to manage the financial and personal affairs of an incapacitated person or minor.  ( 23 min )
    Racketeering Definition, State vs. Federal Offenses, and Examples
    Racketeering typically refers to crimes committed through extortion or coercion. The term is typically associated with organized crime.  ( 28 min )
    Commercial Real Estate Loans Increase Despite Office Woes, Posing Bank Risks
    Despite office market woes, commercial real estate loans topped $3 trillion earlier this year, rising in every region and led by community banks.  ( 18 min )
    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 18 min )
    Dan Loeb's Third Point Ramps Up AI Bets With Amazon, Nvidia and TSMC Stake
    Hedge fund investor Dan Loeb's fund has pivoted further toward AI, slashing a big stake in defensive stocks such as Colgate to buy Amazon, Nvidia, and TSMC.  ( 17 min )
    5 Things to Know Before Markets Open
    Consumer spending is expected to tick higher for the fourth straight month, while Home Depot sales fall as consumers pull back on big-ticket items. Here’s what investors need to know today.  ( 18 min )
    Okun’s Law: Economic Growth and Unemployment
    Learn about Okun’s law, Arthur Okun’s findings on the relationship between economic growth and unemployment levels, why it is important, and how it has stood the test of time.  ( 28 min )
    4 Ways Simple Interest Is Used in Real Life
    In real-life situations, simple interest works in your favor when you're a borrower but against you when you're an investor.  ( 20 min )
    Which Factors Can Influence a Country's Balance of Trade?
    There are specific factors that affect a country's overall balance of trade and how it is used as an economic indicator.  ( 26 min )
    Seed Stock Definition
    A seed stock is any stock which represents a company that develops and produces seeds for planting crops.  ( 19 min )
    Loss Adjustment Expense (LAE): Definition, How It Works, and Types
    A loss adjustment expense (LAE) is an expense associated with investigating an insurance claim. Learn how LAE helps measure a company’s profitability.  ( 22 min )
    The Risks Of Sovereign Bonds
    Sovereign debt can play an important role in providing international diversification to individual investors.  ( 21 min )
    Boat Owners' Insurance Definition
    Boat owners' insurance is an insurance policy that provides coverage for individuals who own and operate a boat or personal watercraft.  ( 19 min )
    How to Open a Checking Account Online
    Almost all banks, both traditional and online-only, allow you to open checking accounts online. Here's how to do it, including how to navigate problems.  ( 24 min )
    7 Things You Didn’t Know About Sovereign Defaults
    Sovereign defaults, in which a nation can't pay its debts and is technically bankrupt, are actually more common than you think. Learn more about their impact.  ( 24 min )
    Moody's Corporation: What It Does and How Its Credit Ratings Work
    Moody's provides economic analysis software and rates securities based on assessed risk and the borrower's ability to make interest payments.  ( 23 min )
    How Health Care Is Moving Toward Blockchain
    Could cryptocurrency technology help to untangle the beleaguered industry?  ( 20 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
  • Open

    S&P 500 Gains and Losses Today: Discover Shares Plunge After C-Suite Shakeup
    U.S. equities slumped, with the S&P 500 tumbling 1.16% on Tuesday, Aug. 15, 2023, amid worries about China's economy and possible Fed rate hikes.  ( 1 min )
    David Einhorn's Greenlight Adds Activision Blizzard, Shuns AI Hype
    Greenlight Capital, the hedge fund of David Einhorn upped its stake in Net Power and added stakes in Onex Corp. and Activision.  ( 1 min )
    Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks
    Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.  ( 1 min )
    Value Investment Manager Baupost Buys Stake in Amazon
    Value investment manager Baupost bought a stake in Amazon.com in the second quarter, despite Amazon's 2023 stock surge that has more than doubled its price-to-earnings ratio.  ( 1 min )
    Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays
    Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure.  ( 1 min )
    Markets Fall at Midday Amid Interest Rate, Downgrade Worries
    U.S. equities dropped at midday on Tuesday, Aug. 15, 2023, amid concerns about China's economy and a surprise interest rate cut by the country’s central bank, as well as the possibility of more Fed rate hikes in the U.S.  ( 1 min )
    5 Things to Know Before Markets Open
    Consumer spending is expected to tick higher for the fourth straight month, while Home Depot sales fall as consumers pull back on big-ticket items. Here’s what investors need to know today.  ( 1 min )
    Dan Loeb's Third Point Ramps Up AI Bets With Amazon, Nvidia and TSMC Stake
    Hedge fund investor Dan Loeb's fund has pivoted further toward AI, slashing a big stake in defensive stocks such as Colgate to buy Amazon, Nvidia, and TSMC.  ( 1 min )
    Commercial Real Estate Loans Increase Despite Office Woes, Posing Bank Risks
    Despite office market woes, commercial real estate loans topped $3 trillion earlier this year, rising in every region and led by community banks.  ( 1 min )
    S&P 500 Gains and Losses Today: Chip Stocks Help Lift the Tech Sector
    The S&P 500 rose 0.6% on Monday, Aug. 14, 2023, while the Dow and Nasdaq gained as well, as semiconductor stocks boosted the indexes.  ( 1 min )
  • Open

    Vietnamese EV Maker VinFast Debuts on the Nasdaq, and Shares Soar
    Shares of Vietnam-based electric vehicle maker VinFast soared on their first day of trading on the Nasdaq after going public through a special purpose acquisition company.  ( 1 min )
    Esmark Offers $7.8 Billion for US Steel After $7.25 Billion Bid by Cleveland-Cliffs
    Industrial conglomerate Esmark offered to buy U.S. Steel for $7.8 billion, shortly after U.S. Steel rejected a $7.25 billion bid from Cleveland-Cliffs.  ( 1 min )
    Tesla Launches Lower-Cost Model X and S in US
    Tesla shares slipped after introducing Model X and S versions in the U.S. that cost about $10,000 less and have a shorter driving range.  ( 1 min )
    Warren Buffett Dumps $3 Billion in Activision, Buys Into Home Construction Firms
    Berkshire Hathaway bought up more than $800 million in home construction stocks last quarter while trimming positions in energy, insurance, materials, and healthcare.  ( 1 min )
  • Open

    Storing bij Nederlandse Loterij verholpen: overgemaakt geld wordt teruggestort
    De storing bij de Nederlandse Loterij, waardoor overgemaakt geld niet in de digitale portemonnee van deelnemers terechtkwam, is weer verholpen. Het overgemaakte geld wordt teruggestort.  ( 3 min )
    Komt ons land in een recessie? Economen twijfelen over 'oververhitte economie'
    Diverse economen denken dat ons land in het tweede kwartaal net niet in een recessie is beland. Woensdag worden cijfers hierover bekendgemaakt en de verwachting is dat er een kleine groei is geweest.  ( 5 min )
    Storing bij Nederlandse Loterij: overgemaakt geld verschijnt niet op rekening
    Door een storing bij de Nederlandse Loterij verschijnt overgemaakt geld niet in de digitale portemonnee van klanten. Met de zogeheten wallet kunnen deelnemers meespelen met de verschillende spellen van de Nederlandse Loterij.  ( 3 min )
    VanMoof vraagt ook in Duitsland faillissement aan
    De Nederlandse fietsenfabrikant VanMoof vraagt ook in Duitsland faillissement aan. Dat blijkt uit een uitspraak van de rechtbank in Berlijn. Eerder gingen de Nederlandse activiteiten van het bedrijf al op de fles.  ( 4 min )
    YouTube verwijdert video's over schadelijke en onbewezen kankerbehandelingen
    YouTube gaat alle video's verwijderen waarin schadelijke of onbewezen kankerbehandelingen worden gepromoot. De videosite heeft dinsdag een nieuw beleid ingevoerd tegen de verspreiding van medische desinformatie.  ( 3 min )
    Reizigers boos over prijsverhoging NS: 'Trein wordt voor sommigen onbetaalbaar'
    Reizigersorganisatie Rover is niet blij met het plan van NS om de treinkaartjes duurder te maken. Volgens de belangenclub dreigt reizen met de trein voor mensen met een smalle beurs onbetaalbaar te worden.  ( 5 min )
    China is bijna Japan voorbij als grootste auto-exporteur ter wereld
    Voor het einde van het jaar zal China meer auto's exporteren dan Japan, verwachten onderzoekers van Moody's. Eerder haalden de Chinezen Duitsland en Zuid-Korea al in.  ( 3 min )
    China gaat na Duitsland ook Japan passeren als grootste auto-exporteur
    Voor het einde van het jaar zal China meer auto's exporteren dan Japan, verwachten onderzoekers van Moody's. Eerder haalden de Chinezen Duitsland en Zuid-Korea al in.  ( 3 min )
    Netflix biedt games aan voor televisie, met smartphone als joystick
    Streamingdienst Netflix gaat naast films en series ook games aanbieden. Om de spelletjes op je televisie te spelen, hoef je geen joystick aan te schaffen. Netflix-klanten kunnen hun smartphone als controller gebruiken.  ( 3 min )
    Stelling | Extra kosten maken zonnepanelen steeds minder aantrekkelijk
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Energiebedrijf Vandebron gaat klanten met zonnepanelen tot tientallen euro's per maand extra in rekening brengen. Als het aan de Tweede Kamer ligt, wordt de salderingsregeling de komende jaren ook afgebouwd. Vandaag is de stelling: "Door extra kosten wordt het steeds minder aantrekkelijk om zonnepanelen te nemen." Breng je stem uit en discussieer mee.  ( 2 min )
    Rusland probeert duikvlucht roebel te stoppen met rente-ingreep
    De roebel daalt al maanden in waarde en de centrale bank in Rusland probeert daar nu met een stevige rente-ingreep een einde aan te maken. Dat lijkt direct na het besluit ook even te werken.  ( 3 min )
    Stelling | Stelling: Extra kosten maken zonnepanelen steeds minder aantrekkelijk
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Energiebedrijf Vandebron gaat klanten met zonnepanelen tot tientallen euro's per maand extra in rekening brengen. Als het aan de Tweede Kamer ligt, wordt de salderingsregeling de komende jaren ook afgebouwd. Vandaag is de stelling: "Door extra kosten wordt het steeds minder aantrekkelijk om zonnepanelen te nemen." Breng je stem uit en discussieer mee.  ( 2 min )
    Games op Netflix binnenkort ook speelbaar op de televisie en computer
    Streamingdienst Netflix gaat naast films en series ook games aanbieden. Om de spelletjes op je televisie te spelen, hoef je geen joystick aan te schaffen. Netflix-klanten kunnen hun smartphone als controller gebruiken.  ( 3 min )
    Zonnepaneleneigenaar is bij energiebedrijf Vandebron elke maand extra geld kwijt
    Energiebedrijf Vandebron gaat klanten met zonnepanelen tientallen euro's per maand extra in rekening brengen. Ruim 70.000 klanten gaan meer meebetalen aan de kosten voor het terugleveren van stroom aan het netwerk.  ( 4 min )
    Chinezen verlagen rente om economisch herstel handje te helpen
    De Chinese economie zit in zwaar weer. De economische groei is zeer laag en er is sprake van deflatie, waarbij prijzen dalen mede doordat consumenten minder uitgeven. De Chinese centrale bank probeert met een renteverlaging voor herstel te zorgen.  ( 3 min )
    Zonnepaneleneigenaar duurder uit bij energiebedrijf Vandebron
    Energiebedrijf Vandebron gaat klanten met zonnepanelen tientallen euro's per maand extra in rekening brengen. Ruim 70.000 klanten gaan meer meebetalen aan de kosten voor het terugleveren van stroom aan het netwerk.  ( 4 min )
    Droogte leidt tot lange wachtrijen en vertraging van schepen bij Panamakanaal
    Commerciële schepen die door het Panamakanaal varen, krijgen te maken met lange wachtrijen en vertragingen als gevolg van een langdurige droogte die het Midden-Amerikaanse land teistert.  ( 3 min )

  • Open

    Diving Deep into Value Investing with Rob Arnott
    Legendary value investor and innovator Rob Arnott of Research Affiliates joins The Express to explain what value investing really means today, and why the time is right for this style of portfolio allocation.  ( 19 min )
    Online Shoplifting Definition
    Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.  ( 18 min )
    Front Fee Definition and Example
    The front fee is the option premium paid by an investor upon the initial purchase of a compound option. A compound option is an option on an option.  ( 18 min )
    Top CDs Today: Leading Nationwide Rate Jumps to 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for two years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 20 min )
    5 Ways to Help Your Clients Experiencing Grief
    Advisors can help clients experiencing grief by following these five tips.  ( 24 min )
    Estimated Long-Term Return Definition
    Estimated long-term return is a hypothetical measure that forecasts an investor's expected return over the life of an investment.  ( 18 min )
    UBS To Pay $1.4 Billion in Subprime Loan Settlement
    Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 financial crisis.  ( 18 min )
    S&P 500 Gains and Losses Today: Chip Stocks Help Lift the Tech Sector
    The S&P 500 rose 0.6% on Monday, Aug. 14, 2023, while the Dow and Nasdaq gained as well, as semiconductor stocks boosted the indexes.  ( 16 min )
    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 17 min )
    How to Give NFTs As a Gift
    Digital art and cryptocurrency enthusiasts may appreciate an NFT gift for the holidays.  ( 26 min )
    Leveraged Credit Is a Growing Risk for US Banks
    U.S. banks could be increasingly exposed to a deteriorating corporate credit market, which has been plagued by rising interest rates, persistently high inflation, and an uncertain economic outlook.  ( 18 min )
    Hawaiian Electric Shares Crater on Concerns About Potential Maui Fires Liability
    Shares of Hawaiian Electric Industries plunged to their lowest level in more than 13 years on concerns the power company could face liability claims related to the wildfires in Maui.  ( 17 min )
    Ford Poaches Former Apple Services Boss to Drive Customer Experience
    Former Apple executive, Peter Stern, will craft new customer experiences at Ford, as the company expands it's electric fleet and self-driving technology.  ( 17 min )
    Charles Schwab Is Still Losing TD Ameritrade Clients
    Client attrition after the fallout of the merger between Charles Schwab and TD Ameritrade is still in-line or slightly better than the company's predictions for the year, but Charles Schwab stock continues to disappoint on the charts despite earnings beats.  ( 17 min )
    What Your Life Insurance Agent Makes on You
    Life insurance agents receive a commission, which gives them an incentive to sell bigger policies and specialized financial products. Here's how to factor that in before you buy.  ( 22 min )
    What Is a Robo-Advisor?
    A robo-advisor is a type of automated financial advisor that provides algorithm-driven wealth management services with little to no human intervention. Here’s how it works.  ( 31 min )
    What Is a C Corp?
    A C corporation is a company whose owners or shareholders are taxed separately from the corporation itself, and whose profits are taxed on both a business and a personal level.  ( 25 min )
    U.S. Bank Savings Account Interest Rates: August 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 20 min )
    USAA Savings Account Interest Rates: August 2023
    USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.  ( 20 min )
    6 Reasons to Donate Your Car to Charity
    It's no longer a free ride, but there are still tax benefits to doing so.  ( 19 min )
    Ripple Swell: What it Means, How it Works
    Swell is Ripple's annual conference for leaders in the cryptocurrency space.  ( 22 min )
    AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
    AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.  ( 17 min )
    Completed Operations Insurance: What it is, How it Works
    Completed operations insurance is a term for insurance that covers a contractor's liability once contracted operations cease.  ( 17 min )
    Markets Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 17 min )
    Consumers' Expectations for Inflation Move Closer to Fed's Target
    Consumers are the most optimistic about inflation that they've been since April 2021—which could be a good sign for the economy.  ( 17 min )
    As Their Interest May Appear (ATIMA): Meaning, Overview, FAQ
    The term "as their interests may appear" (ATIMA) is a standard line in a business insurance plan that covers other parties doing business with the insured.  ( 20 min )
    How to Get a Personal Loan Online for 2023
    Getting a personal loan may seem daunting, but as with so much else, the internet makes it easy. Learn how to get a personal loan online.  ( 23 min )
    The Times-Revenue Method: How To Value a Company Based on Revenue
    The times-revenue method determines the maximum value of a company as a multiple of its actual revenue for a set period.  ( 23 min )
    Markets Were Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 17 min )
    Rates Jump for Every Mortgage Type
    Rates for all mortgages not only climbed Friday, but by double digits for most loan types. The 30-year and 15-year averages each jumped up about a quarter point.  ( 20 min )
    Nikola Shares Tumble After Recall of Electric Semi-Trucks
    Shares of Nikola sank after the electric vehicle maker voluntarily recalled 209 of its Class 8 Tre semi-trucks because of potential battery fires.  ( 16 min )
    Elizabeth Warren's Economic Plan: Break and Remake
    If the system is rigged, as Warren sees it, it must be broken and remade. Here's how she plans to.  ( 27 min )
    US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
    U.S. Steel's shares surged on Monday after it rejected an unsolicited offer worth $7.25 billion Cleveland-Cliffs, and said it was reviewing strategic options.  ( 17 min )
    PayPal Taps Intuit's Alex Chriss as New CEO
    PayPal shares rose in early trading on Monday after it tapped Intuit's Alex Chriss as its new CEO.  ( 17 min )
    Trading on the Pink Open Market
    Stocks of well-known companies trade on major exchanges but must be listed first. Unlisted companies trade on Pink Sheets or the Over-the-Counter Bulletin Board.  ( 23 min )
    Job Hunters Have Had The Upper Hand in These Three States in the Wake of the Pandemic
    It's been a job-seekers' market nationwide as the economy has recovered the pandemic, but the number of jobs openings is outstripping the available workers in some states more than others.  ( 19 min )
    Using Caution When Trading Pink Market Stocks
    Pink market stocks can increase portfolio returns by large magnitudes in a short time but come with significant risks associated with OTC markets.  ( 23 min )
    Do You Need More Than One Financial Advisor?
    Using more than one financial advisor for money management has its pros and cons.  ( 20 min )
    Do Trust Beneficiaries Pay Taxes?
    Beneficiaries of a trust typically pay taxes on distributions from the trust's income but not on the distributions of the principal.  ( 23 min )
    Taxation Rules for Bond Investors
    Find out the tax implications of three types of bonds—government bonds, municipal bonds, and corporate bonds—and what you can do as an investor.  ( 25 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Apple Supplier Foxconn Tops Earnings Estimates On AI Strength
    Apple supplier Foxconn, the world's biggest contract electronics maker, beat estimates for second-quarter earnings as demand for artificial intelligence infrastructure soared.  ( 18 min )
    How to Play Stocks in the OTC Pink Market
    Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 24 min )
    Are Online Banks Safe?
    Online banks are considered safe for banking, especially when they have FDIC protection. Learn more about the risks and safety features of online banks.  ( 23 min )
    Pink Market: Listings for Stocks That Trade Over-the-Counter
    "Pink sheets" is an outdated term used to describe stocks that trade over-the-counter (OTC) in the U.S. rather than on a major stock exchange.  ( 26 min )
    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 18 min )
    Lending Facility: Meaning, History, Development
    A lending facility is used by central banks when lending funds to primary dealers that can conduct business with the U.S Federal Reserve.  ( 22 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Social Media: Definition, Effects, and List of Top Apps
    Social media sites and apps have helped people around the world to connect and create virtual communities based on common interests.  ( 23 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 19 min )
    Care, Custody, or Control (CCC) in Insurance: Overview, Examples
    Care, custody, or control (CCC) is a liability insurance exclusion that removes indemnification for the insured when a property is in their care.  ( 19 min )
    Who Determines Interest Rates?
    Interest rates are commonly determined by a central bank and influenced by the finances of individuals, businesses, and governments. Learn more about how rates are set.  ( 22 min )
    How Does the International Monetary Fund Function?
    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary system's stability.  ( 21 min )
    Ground-Up Loss: What it is, How it Works
    Ground-up loss is the total amount of loss covered by an insurance policy. It is an important number to know when choosing plans.  ( 19 min )
    Class 1 Insurance Definition
    In the case of an accident, Class 1 Insurance covers the policyholder and owner of the vehicle, as well as a relative who lives with the policyholder, a pedestrian, or a bicyclist.  ( 18 min )
  • Open

    Steeds meer mensen worden fotograaf, vooral veel vrouwen
    Het aantal fotografen in Nederland is de afgelopen vijf jaar flink gegroeid. Vooral het aantal vrouwen in de fotografie nam toe.  ( 4 min )
    Ryanair betaalt 26 passagiers honderden euro's terug vanwege dronken steward
    Luchtvaartmaatschappij Ryanair moet 400 euro betalen aan passagiers die afgelopen najaar vertraging opliepen omdat een steward te veel alcohol had gedronken.  ( 3 min )
    Straks meer treinen naar het buitenland, maar je reist niet altijd meer met de NS
    Wie met de trein naar bijvoorbeeld Berlijn of Parijs wil, heeft straks meer keus. Volgens een nieuw contact tussen de overheid en het spoorbedrijf rijden er de komende jaren meer treinen op diverse internationale trajecten.  ( 4 min )
    Big Bazar sluit twintig filialen en wil huurverlaging om bedrijf gezond te houden
    Big Bazar sluit twintig winkels die verlies maken en wil voor nog twintig winkels huurverlagingen krijgen. Volgens directeur Heerke Kooistra is dat nodig om de koopjesketen "gezond te houden".  ( 4 min )
    Ryanair schrapt 88 vluchten in België vanwege stakende piloten
    Budgetvlieger Ryanair annuleert maandag en dinsdag 88 vluchten van en naar het vliegveld in de Belgische stad Charleroi vanwege een staking van piloten. Dat meldt de Belgische luchthaven, die doorgaans ook door veel Nederlanders wordt bezocht.  ( 3 min )
    Ook Rusland krijgt eigen cryptomunt: digitale roebel vanaf morgen getest
    Hoewel de roebel behoorlijk in de verdrukking zit, werkt Rusland toch aan een digitale variant van de eigen valuta. De digitale roebel wordt vanaf dinsdag voor het eerst in de praktijk getest. De daadwerkelijke invoering moet al in 2025 gebeuren.  ( 4 min )
    NFI kraakt honderden cryptotelefoons dankzij Europese samenwerking
    Het Nederlands Forensisch Instituut (NFI) heeft mede dankzij een Europees samenwerkingsproject honderden cryptotelefoons van zware criminelen kunnen kraken. Misdadigers gebruiken zulke telefoons om niet afgeluisterd te kunnen worden.  ( 3 min )
    Europeanen kochten afgelopen jaren massaal een camper
    Onder anderen Nederlanders, Duitsers en Spanjaarden kochten de afgelopen vijf jaar in groten getale een kampeerauto. Daardoor steeg het Europese camperbezit sinds 2017 met zo'n 50 procent, naar bijna 2,8 miljoen exemplaren.  ( 3 min )
    90 procent van studenten heeft basisbeurs aangevraagd voor komend studiejaar
    Van alle studenten die komend studiejaar recht hebben op een basisbeurs, heeft zo'n 90 procent de beurs inmiddels aangevraagd. Maandag staat de teller op 391.288. Begin juli waren ruim 200.000 aanvragen ingediend.  ( 3 min )
    Philips komt deels in handen van familie achter Fiat en voetbalclub Juventus
    Investeringsbedrijf Exor heeft zich voor 15 procent ingekocht bij Philips. De investeerder is in handen van de Italiaanse familie Agnelli, die ook achter onder meer het automerk Fiat en voetbalclub Juventus zit.  ( 3 min )
    Energiecrisis is nog niet voorbij: 'Als het tegenzit, kunnen prijzen hard stijgen'
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
    De energiecrisis is nog niet voorbij: moeten we ons zorgen maken?
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
  • Open

    Biden weighs in on UAW, Detroit automaker contract negotiations with suggested demands
    President Joe Biden released a statement Monday outlining what the Detroit automakers and UAW should be looking to achieve in a new contract.  ( 33 min )
    Goldman Sachs Sees ‘Idiosyncratic Upside’ in These 2 Energy Stocks — This Is What Makes Them Attractive Buys
    The end of earnings season always offers an opportunity to figure out what lies in store for the following months. With the Q2 results for companies in the energy sector now available, it’s time to look toward the key investment themes ahead in the space. That’s exactly what Goldman Sachs analysts have been doing. While the energy team remains “constructive” on Energy Service companies as a whole, moving forward, they see the “importance of idiosyncratic self-help drivers” as a key theme that wi  ( 35 min )
    Jim Cramer Thinks People Who Say AI Is Hype Are 'Only Fooling' Themselves - 3 ETFs To Take Advantage Of The AI Revolution
    2023 has been a strong year in US markets thus far with the S&P 500 (INDEX: .INX) up 17%. This has been led by tech giants like Apple Inc (NASDAQ: APPL), up 43.06% YTD, and Meta Platforms Inc, (NASDAQ: FB) up over 143% since the start of the year. But few stocks have done as well as NVIDIA Corp (NASDAQ: NVDA), up a whopping 202.4% YTD. NVIDIA’s success, and that of much of tech, has come from its involvement in artificial intelligence. The company produces “superchips” that underlie the technolo  ( 32 min )
    Buffett's Berkshire Hathaway reveals new homebuilder bets with D.R. Horton, Lennar, NVR stakes
    Warren Buffett made few changes to his stock holdings in the second quarter, but new bets on US homebuilders suggest some optimism from the Oracle of Omaha about the US housing market.  ( 33 min )
    Top CDs Today: Leading Nationwide Rate Jumps to 5.90%
    Today's best CD rates are 5.90% from Pelican State Credit Union for 2 years, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )
    Berkshire Hathaway Buys Stake in D.R. Horton Stock, Cuts GM Holding
    Berkshire Hathaway also added to its investment in Capital One Financial and eliminated a position in McKesson.  ( 26 min )
    Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
    U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash.  ( 28 min )
    Warren Buffett’s Berkshire Hathaway Bought These Stocks Last Quarter
    Warren Buffett’s Berkshire Hathaway bought roughly $4.6 billion of stocks in the second quarter. Here are some of the changes the company made to its stock portfolio in the three months through June, according to its latest 13F filing released after the bell Monday. New Positions: **D.R. Ho  ( 22 min )
    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 18 min )
    Nasdaq leads way up as Nvidia surges: Stock market news today
    Wall Street looked to shake off a rough August so far.  ( 31 min )
    Steel CEO Who Fights With Goldman Takes on US Industry Icon
    (Bloomberg) -- He once ended an earnings call with a diatribe calling out a Goldman Sachs Group Inc. analyst by name: “You can run, but you can’t hide.” Three years later, another Goldman analyst was “W-R-O-N-G wrong.” Other targets have been “blind,” “horrible” and embarrassments to their parents. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonTech Giants, Yields Tick Up in Choppy Session: Markets WrapO  ( 34 min )
    Charles Schwab Is Still Losing TD Ameritrade Clients
    Client attrition after the fallout of the merger between Charles Schwab and TD Ameritrade is still in-line or slightly better than the company's predictions for the year, but Charles Schwab stock continues to disappoint on the charts despite earnings beats.  ( 17 min )
    Dow Jones Digs In As Tesla Tumbles On Price Cuts; Big Short Michael Burry Places These Bets
    No content preview
    Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
    (Bloomberg) -- Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid from Cleveland-Cliffs Inc. US Steel shares spiked on the news, rising as much as 43%.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Takes the Lead in Thin Trading Session: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From  ( 31 min )
    'Bond King' Bill Gross warns stocks are dangerously overvalued — and predicts an economic slump
    Stocks look overpriced relative to corporate profits and risk-free assets like government bonds, and higher interest rates will bite, Gross said.  ( 31 min )
    Former Disney CEO Michael Eisner Strikes Deal to Sell Bazooka Gum Business
    Former Disney CEO Michael Eisner has struck a deal to sell Bazooka Candy Brands to global buyout firm Apax Partners in a deal that values the iconic gum maker at around $700 million including debt.  ( 27 min )
    Russia will struggle to cope with a sinking rouble
    What does the currency’s collapse mean for Vladimir Putin’s ability to wage war?  ( 32 min )
    J&J Investors Need to Decide Soon if They Want Kenvue Stock
    The $40 billion exchange offer for shares of Kenvue expires Friday but brokerage firms want retail investors to make their instructions before then  ( 26 min )
    Michael Burry exits stakes in 6 banks after betting big amid regional bank crisis
    Famed investor Michael Burry exited stakes in several banks he opened during the first quarter amid a banking crisis that saw several US lenders go under in a matter of weeks.  ( 34 min )
    Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100
    Michael Burry, the money manager made famous in the book and film "The Big Short," held bearish options against the broad S&P 500 and Nasdaq 100 Index at the end of the second quarter, according to securities fillings released on Monday. Burry's Scion Asset Management bought put options with a notional value of $739 million against the popular Invesco QQQ Trust ETF during the quarter, and separate put options with a notional value of $886 million against the SPDR S&P 500 ETF. Michael Lewis' nonfiction book "The Big Short" was released in 2010 and the movie version came out in 2015.  ( 31 min )
    Analyst Report: APA Corporation
    No content preview
    Market Update: ALB, APA, CVS, DEO
    No content preview
    Biggest Treasury ETF Sees Largest Exodus Since 2020 Meltdown
    (Bloomberg) -- Investors are bailing out of the biggest exchange-traded fund devoted to Treasuries at the fastest pace since markets were hammered during the early months of the pandemic.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Back in the Driver’s Seat as Stocks Climb: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From Musk Cag  ( 31 min )
    Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion
    The Russian ruble fell to its lowest level in 16 months on Monday morning as the currency continues to take a beating from its invasion of Ukraine.  ( 32 min )
    Out of Options and Money, Argentina Finally Presses Panic Button
    (Bloomberg) -- Argentina devalued the official peso about 18%, an admission by the government that it ran out of options to defend an unsustainable exchange rate amid dwindling reserves after a heavy electoral defeat on Sunday.Most Read from BloombergRuble Plunges Past 100 Per Dollar as Infighting Goes PublicOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel Soars After It Rejects $7.25 Billion Cliffs BidAmerica’s Fastest Gro  ( 31 min )
    AMC CEO explains stock divide after court ruling
    AMC Entertainment CEO Adam Aron said a court decision to allow the company’s reverse 1-for-10 stock split was an "absolute imperative" in the wake of the COVID-19 pandemic.  ( 31 min )
    Biden says auto workers need 'good jobs that can support a family' in union talks with carmakers
    President Joe Biden is asking major U.S. automakers and their workers' union to reach an agreement that takes “every possible step to avoid painful plant closings” as the sector transitions to electric vehicles. The president has not yet been by the United Auto Workers as he seeks reelection, despite his broad support from organized labor going into the 2024 campaign. The UAW represents 146,000 workers at Ford, General Motors and Stellantis, which are commonly known as the big three automakers.  ( 32 min )
    Regional Banks Are Having a Blue Monday
    Stocks of smaller banks were feeling some pain on Monday. KeyCorp (ticker: KEY), an Ohio regional bank, was down 4%, making it the S&P 500's biggest loser. Truist Financial Corporation (TFC) and Fifth Third Bancorp (FITB) weren't far behind KeyCorp, losing 3.2% and 3.1%, respectively. Comerica In  ( 12 min )
    Schwab’s Stock Dips as TD Ameritrade Attrition Dents Asset Flows
    A “modest number” of advisors who custodied client money at TD Ameritrade moved their business elsewhere, according to Schwab.  ( 26 min )
    Union leader: Cleveland-Cliffs is the best strategic buyer of U.S. Steel
    The United Steelworkers (USW) international president said on Monday that the union supports North American steel producer Cleveland-Cliffs' bid to acquire rival, United States Steel Corp, adding that the company is the best strategic buyer. Cleveland-Cliffs said on Sunday that it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% to U.S. Steel's last closing price. Cliffs went public with its offer after U.S. Steel rejected the bid as being "unreasonable" and instead announced a formal review process, saying the company received multiple bids for parts or all of its business.  ( 31 min )
    PayPal Names Intuit’s Alex Chriss CEO, Replacing Schulman
    (Bloomberg) -- PayPal Holdings Inc. named Alex Chriss chief executive officer, tapping a longtime fintech executive with a focus on small businesses to lead the beleaguered payments giant.Most Read from BloombergRuble Plunges Past 100 Per Dollar as Infighting Goes PublicOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel Soars After It Rejects $7.25 Billion Cliffs BidAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ Ma  ( 33 min )
    'America Is Broke': Robert Kiyosaki Warns That A Crash Landing Is Coming, Says The Fed Has Been 'Smoking Fantasy Weed' — Here Are The 3 Assets He Likes For Shock Proofing
    The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.  ( 32 min )
    AMC stock crashes as court approves APE conversion
    Investors sold off AMC stock on Monday as fears intensified that a conversion with APE shares will dilute the stock's value.  ( 32 min )
    Nvidia and Micron Give the S&P 500 a Lift
    The S&P500 climbed higher Monday from big gains in a handful of high-flying tech names. In midday trading, the index moved up 0.4% to 4,480.93. Nvidia (ticker: NVDA) and Micron Technology (MU) took the lead, up 5% and 4.6%, respectively. Both stocks closed mostly in the red all of last week. Teled  ( 11 min )
    Hawaiian Electric Stock Sinks 41%. The Maui Wildfires Are Tied to the Drop.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Intuit executive Chriss to become president and CEO of PayPal
    Intuit executive Alex Chriss will become the president and CEO of digital payments company PayPal next month. Chriss will take over the CEO post from Dan Schulman, who told PayPal's board in February that he planned to retire at the end of the year. Schulman will stay on PayPal's board until its next annual shareholders meeting in May 2024.  ( 31 min )
    Nvidia Is Still a Winner. Why the Stock Is a Buy Now—and How Far It Could Rally.
    Nvidia is Morgan Stanley's top stock pick going into earnings, with a price target on the shares that implies another big rally for the chipmaker.  ( 26 min )
    Harmony Biosciences to acquire Main Line's Zynerba in up to $200M deal
    Two suburban Philadelphia pharmaceutical companies are set to tie-up in a deal valued at up to $200 million.  ( 11 min )
    IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
    IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. In recent weeks, the company has opened up dozens of positions for AI-based roles to help develop and maintain these systems. See more on startup investing from Benzinga: Until 2016 it was illegal f  ( 32 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Russia Calls Emergency Key Rate Meeting as Ruble Plunges
    (Bloomberg) -- The ruble crashed through the level of 100 to the dollar for the first time since March last year, as political infighting spilled into public view at a time when Russia’s war in Ukraine drags on and international sanctions throttle the economy. Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightAmerica’s Fastest Growing City Is Embracing ‘Ye  ( 33 min )
    ‘The Golden Gridlock’: Billionaire Ken Fisher Sees a Bullish Tailwind Ahead for Stocks — Here Are 2 Names He Bets Big On
    The history books show that the 9 months beginning October of a midterm election year prove to be the most consistently profitable spell in the stock market. Given the stock market gains recorded in the 9 months since last October, that trend played out again as expected. It’s a period billionaire Ken Fisher has termed the ‘midterm miracle.’ The nice thing about that timeframe, says Fisher, is that it is usually followed by another strong period, albeit not quite as fruitful. Fisher has a term f  ( 34 min )
    Hawaiian Electric Stock Sinks 41%. Maui Wildfires Are Risk to the Shares, Says Analyst.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Clues Are Coming About Interest Rates. Jackson Hole Is Only a Week Away.
    For insight into where the Fed is headed with interest rates, this week and next should give plenty of clues---from central bank officials themselves. Minneapolis Fed President Neel Kashkari will speak at the APi Group Controllers Conference on Tuesday and the Jackson Hole Economic Symposium is the  ( 12 min )
    Is Snowflake A Buy Ahead Of July Quarter Earnings?
    No content preview
    Is Verizon A Buy Amid 5G Broadband Gains, Lead-Sheathing Issue?
    No content preview
    PayPal Appoints Intuit Executive as New CEO. He Needs to Stop a Stock Slump.
    Alex Chriss will succeed Dan Schulman as chief executive effective Sept. 27, the company said.  ( 27 min )
    AMC stock sinks, preferred units climb after conversion settlement
    AMC Entertainment's shares slid 35% on Monday on fears that the approval of a revised stockholder settlement will allow the company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 15% to $2.05.  ( 32 min )
    AMC Entertainment to effect 10:1 reverse split on Aug. 24
    The common shares of the theatre chain operator fell 38% to $3.25 in premarket trading, while its preferred shares rose 18% to $2.09. AMC aims to increase its Class A common stock to 550 million from about 524 million, it said in a regulatory filing. The company would make a settlement payment of one Class A common stock for every 7.5 Class A shares to the entitled shareholders after the reverse stock split.  ( 31 min )
    Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions
    No content preview
    Houston-based SilverBow Resources to buy Chesapeake Energy's remaining Eagle Ford assets
    Chesapeake Energy is finally exiting the Eagle Ford Shale in South Texas thanks to a $700 million deal with a Houston-based company.  ( 11 min )
    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 34 min )
    How Can I Guard My Assets From Nursing Homes?
    Paying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs, but it's restricted to people of very limited financial means. You may be able to qualify for … Continue reading → The post Does an Irrevocable Trust Protect Assets from Nursing Homes? appeared first on SmartAsset Blog.  ( 33 min )
    Dow Jones Futures Fall Ahead Of Big Retail Earnings; Cathie Wood Sells More Tesla Stock
    No content preview
    X Stock Jumps As U.S. Steel Spurns Deal With Cleveland-Cliffs
    No content preview
    Nikola Stock Plummets After Recalling Most of Its Trucks
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Tesla Cuts China Model Y Prices With Cathie Wood Trimming Holdings As TSLA Hits Sell Signal
    No content preview
    Nvidia's Hot Streak Cools
    One of this year's hottest trades is losing some steam. Nvidia shares edged lower ahead of the opening bell and are down around 15% from the highs touched in July. The stakes are high ahead of the chip maker's  ( 21 min )
    Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition
    (Bloomberg) -- Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Share  ( 31 min )
    Target set to post first quarterly revenue drop in six years as consumers cut spending
    Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services. In recent months, consumers have been spending more on services such as travel and entertainment, while cutting down on non-essential purchases including clothing and home goods amid high inflation. "Target is going to suffer more versus the others because they have a much larger consumer discretionary element to their business," Edward Jones analyst Brian Yarbrough said.  ( 32 min )
    Investors Load Up On 3 Stocks Beyond The 'Magnificent Seven'
    No content preview
    AMC stock tumbles, preferred units jump after conversion settlement
    AMC Entertainment's shares slid 35% in premarket trading on Monday on fears that the approval of a revised stockholder settlement will allow to company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45 in trading before the bell. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 27.5% to $2.27.  ( 32 min )
    Nikola Recalls Most of Its Trucks. The Stock Is Plummeting.
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Goldman Sachs’ last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock
    The billionaire Lloyd Blankfein even reportedly offered to come back to the company.  ( 32 min )
    Analyst Report: Boston Properties, Inc.
    No content preview
    Analyst Report: Phillips 66
    No content preview
    Analyst Report: Metlife Inc
    No content preview
    Weekly Stock List
    No content preview
    Russia's currency hits the lowest level since beginning of the war in Ukraine
    The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency. President Vladimir Putin’s economic adviser, Maksim Oreshkin, on Monday blamed the weak ruble on “loose monetary policy” in an op-ed for state news agency Tass. Oreshkin said Russia’s central bank has “all the tools necessary” to stabilize the situation and said he expected normalization shortly.  ( 31 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 18 min )
    Daily Spotlight: Spending on Home Improvement Poised to Slow
    No content preview
    Market Digest: BXP, DIS, DVN, EA, VIAV, MET, OGE, PFE, PXD, PSX, APTV
    No content preview
    Nikola plunges after battery fires spur recall and sales halt
    Nikola Corp. shares fell in early trading after the manufacturer announced it will recall trucks and temporarily stop sales after several battery fires.  ( 31 min )
    Tylenol Maker Kenvue’s Share Swap Opens Door for More Investors
    (Bloomberg) -- It’s a decisive week for investors looking to get involved in Johnson & Johnson’s record split-off of most of its $40 billion stake in Kenvue Inc., the maker of Tylenol and Listerine.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Shares Soar After It Rejects $7.25 Bil  ( 33 min )
    U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs
    Cleveland-Cliffs, the largest flat-rolled steel producer in North America, said on Sunday it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% premium to U.S. Steel's last closing price. Despite the surge, shares of U.S. Steel were trading well below the offer price at $27.92, indicating some investors believe a deal may not happen at that price.  ( 31 min )
    Mary Mack talks long banking career in Charlotte, Wells Fargo's post-scandal recovery and retirement
    The Charlotte banking veteran, who retired this year, is widely credited for leading Wells Fargo's transformation after its fake-accounts scandal. Here, she talks to CBJ about that process, her 38-year career and retirement plans.  ( 17 min )
    Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
    Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the salary gaps among its employees and mid- and high-level managers in response to Beijing's "common prosperity" drive, three sources with knowledge of the matter said. President Xi Jinping launched the common prosperity drive in 2021 as an effort to reduce income inequality, which could threaten long-term economic growth and even the legitimacy of Communist Party rule. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC).  ( 32 min )
    Stocks to Watch Monday: U.S. Steel, Tesla, NIO, AMC
    ↗️ U.S. Steel (X), Cleveland-Cliffs (CLF): The Pittsburgh steel manufacturer's share price leapt 29% premarket, after it [rejected an unsolicited offer](https://www.wsj.com/articles/u-s-steel-reject  ( 22 min )
    Chesapeake to complete Eagle Ford basin exit with SilverBow deal
    The company has agreed to offload about 42,000 net acres and about 540 wells of its Eagle Ford asset located in Dimmit and Webb counties, along with related property, plant and equipment. In February, the gas producer agreed to sell a portion of its Eagle Ford asset to INEOS Energy for $1.4 billion.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/14/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/14/2023
    No content preview
    Goldman Starts Talking About Fed Cuts. What It Means for Stocks.
    U.S. Steel rejects Cleveland-Cliffs bid and explores options, retailers reporting earnings, and other news to start your day.  ( 26 min )
    Court Ruling That Could Save AMC Is Bad for the Stock but Great for APE Units
    It's all about stock dilution. A court ruling paves the way for APE units to be converted into common AMC stock, diluting the float.  ( 27 min )
    Toyota, Chrysler among nearly 270,000 vehicles recalled last week: Check car recalls here.
    Toyota Tundra and Tundra Hybrid vehicles, and Chrysler Jeep Wagoneer and Grand Wagoneer cars among 270,000 vehicles recently recalled.  ( 34 min )
    Disney's future, a hot topic among Hollywood elite
    Hollywood's favorite parlor game of the week: What will Bob Iger do next? From Culver City to New York City, the U.S. media and entertainment industry's powerbrokers are spinning scenarios about the future and the possible breakup of the industry's most powerful conglomerate. Walt Disney chief executive Iger, who returned to the company in November for a second stint, triggered the vigorous industry chatter in mid-July when he suggested during a CNBC interview that the company's television businesses, including its stations and cable channels, "may not be core to Disney."  ( 33 min )
    Tech stocks have a yield problem: Morning Brief
    The tech trade is having a painful August. You could put all the blame -- or most of it — on one thing.  ( 32 min )
    Texas Oil Executives Net $122 Million in Bankruptcy-to-Exxon Journey
    (Bloomberg) -- About three years after Texas oil producer Denbury Inc. emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightGoldman Pencils In Firs  ( 34 min )
    Futures rise led by megacap growth stocks as yields edge lower
    After strong gains this year, U.S. equities have lost momentum in August, with the tech-heavy Nasdaq posting two straight weeks of declines for the first time in 2023 on Friday. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks. On Monday, as the yield on 10-year government treasuries ticked lower, shares of Microsoft, Nvidia and Meta Platforms rose between 0.2% and 0.5% in premarket trading.  ( 32 min )
    Oil Firms Face Hard Choices After a Year of Big Spending
    The industry’s wartime windfall is dwindling.  ( 21 min )
    Philips Can Recover From Its Health Crisis
    The European medical-technology supplier is starting to emerge from a torrid period marked by the recall of machines for treating sleep apnea.  ( 26 min )
    ‘Has Bitcoin Failed?’ Asks Analyst as Cryptos Continue to Languish
    Bitcoin is seeing a period of historically low volatility. The absence of movement despite catalysts is beginning to look troubling to analysts.  ( 26 min )
    iPhone Maker Foxconn Beats Expectations. Apple Stock Edges Higher.
    Foxconn’s results mirror those of Apple’s most recent numbers, which showed a drop in iPhone and iPad sales.  ( 26 min )
    U.S. Steel Stock Soars. It’s Exploring Options After Rejecting Cleveland-Cliffs Bid.
    The company, which was built by Andrew Carnegie and J.P. Morgan, might not be independent for much longer.  ( 32 min )
    These Stocks Are Moving the Most Today: U.S. Steel, Tesla, AMC, Nikola, and More
    U.S. Steel rejects an unsolicited buyout offer from rival Cleveland-Cliffs, Tesla again cuts prices in China, and AMC stock tumbles after a court approves the movie-theater chain's revised stock-conversion plan.  ( 27 min )
    IPhone Maker Hon Hai Cuts Outlook After Mobile Demand Sags
    (Bloomberg) -- Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a warning about demand for the devices it makes for Apple Inc. and other global firms.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a  ( 32 min )
    European Stocks Gain as Traders Mull Rates Outlook, China Risks
    (Bloomberg) -- Trading in European stocks was muted on Monday as investors weighed signs of trouble in the Chinese property market before turning their attention to Federal Reserve policy minutes later in the week.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a W  ( 31 min )
    Agnellis’ Exor Buys 15% Stake in Philips for $2.8 Billion
    (Bloomberg) -- The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to Try to Avoid a RecessionExor, a holding company, bought a 15% stake in P  ( 31 min )
    China Looks to Attract Foreign Investment as Its Economy Struggles
    (Bloomberg) -- China’s State Council released a plan to further attract foreign investment and improve the business environment, including tax and visa measures, as it seeks to bolster the flagging economy. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidChina aims  ( 31 min )
    Kremlin blames loose monetary policy as rouble slides past 101 vs dollar
    The rouble fell past 100 per U.S. dollar on Monday just as President Vladimir Putin's economic advisor said Russia was interested in a strong rouble and said that loose monetary policy was the main reason behind the Russian currency's weakening. The rouble fell to 100.35 roubles against the U.S. dollar in early trade. "The current exchange rate has deviated significantly from fundamental levels, and its normalization is expected in the near future," Putin's economic advisor Maxim Oreshkin told TASS news agency.  ( 30 min )
    Country Garden Crisis Deepens as Yuan Bonds Halted, Shares Slide
    (Bloomberg) -- Country Garden Real Estate Group Co Ltd. said it will suspend trading in nearly a dozen onshore bonds starting Monday, two days after the Chinese real estate company’s controlling shareholder said it would report a multi-billion-dollar loss for the first half of this year.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsoli  ( 32 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after stronger U.S. inflation revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.4%. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    Nvidia circa 2023, Cisco circa 2000
    Plus, Treasuries as the unsafe asset  ( 5 min )
    China’s Worsening Economy Is Hurting Corporate America
    Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom.  ( 27 min )
    Marketmind: China property troubles plague Asia stocks
    It's been a nervy start to the week in Asia as concerns about China's debt-laden property sector take a toll on stocks and the yuan, which hit its lowest in a month despite a strong fix from the PBOC. Chinese blue chips lost 1.1%, on top of a 3.4% decline last week. One month of negative consumer prices is not really deflation, which is defined as a sustained fall in the price level across an economy.  ( 31 min )
    Argentina devalues peso, raises rates after shock primary vote
    BUENOS AIRES/LONDON (Reuters) -Argentina's government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%, the central bank said, as financial markets reeled the day after a shock primary election result. Congressman Javier Milei, a far-right libertarian who wants to axe the central bank and dollarize the economy, shook up the presidential elections on Sunday, winning 30% of the vote, the largest share with over 97% of ballots counted. "We think Argentine USD sovereign bonds present an attractive risk-reward profile, given their depressed valuations, positive correlation to commodity prices, and the potential political regime change," said Alejo Czerwonko, CIO for Emerging Markets Americas at UBS Global Wealth Management.  ( 32 min )
    A Crypto Mystery: Who Controls This Fast-Growing Stablecoin?
    The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure.  ( 27 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Outsider Milei Upends Argentina’s Election With Primary WinUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Playing a Waiting Game to Tr  ( 32 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. has cut the price of its two higher-end Model Y vehicles in China by 14,000 yuan ($1,900) in the latest salvo in a bruising price war. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe electric vehicle maker cut the price of its Model  ( 31 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.3% and Shanghai, Tokyo and Sydney also fell. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    China Shadow Banking Giant Alarms Investors With Missed Payments
    (Bloomberg) -- One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield products.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Play  ( 33 min )
    Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
    (Bloomberg) -- Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year, just before concerns over a slowing Chinese economy pummeled the currency.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidLeveraged funds’ Aussie po  ( 31 min )
    Superconductor Stocks’ Wild Swings Are Getting Risky
    (Bloomberg) -- Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a rollercoaster ride. If history is any guide, this is a stock wager fraught with danger.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs B  ( 32 min )
    China Stocks Close to Erasing Politburo Gains Amid Economic Woes
    (Bloomberg) -- China’s benchmark stock index is set to erase all of the gains it made since a key political meeting was held in late July as the economy struggles to gain momentum and optimism over stimulus wanes. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowT  ( 30 min )
    US bank Citi completes sale of Taiwan consumer unit to Singapore's DBS
    U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group, it said on Monday. The now transferred retail business includes retail banking, credit card, mortgage and unsecured lending businesses, as well as the transfer of close to 3,000 employees. Citi's institutional business in Taiwan was excluded from the sale.  ( 31 min )
    iPhone maker Foxconn’s cautious pivot to India shows limits of ‘China plus one’
    Apple supplier still relies on Chinese plants for 75% of global operations  ( 5 min )
    Yen drifts after breaching 2023 low, dollar gains
    The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. Japan's low yields have made the currency an easy target for short-sellers and funding trades, with the widening gap in the interest rates between Japan and the United States leading to persistent weakness in the yen. The yen has fallen around 20% since the Federal Reserve began rapidly raising rates to combat soaring inflation in March 2022, while the Bank of Japan remains stuck in an extremely accommodating stance.  ( 32 min )
    Country Garden shares slump to record low after onshore bond trading halted
    HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company suspended trading in 11 of its onshore bonds from Monday. Markets are jittery as more developers default on bond payments amid no signs of stronger support measures from Beijing. Country Garden last week missed payments of two dollar bond coupons due on Aug. 6 totalling $22.5 million, confirming market fears that the developer was slipping into repayment troubles.  ( 31 min )
    Shiba Inu surges; DeGods Season 3 unveiled; risk sentiment improves for US stocks
    Bitcoin dipped slightly, having hovered around the $29,380 level throughout the weekend. Ether and most other top 10 crypto were little changed.  ( 33 min )
    US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
    United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers. Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence.  ( 32 min )
    Why Cleveland-Cliffs made its $7B+ bid for U.S. Steel
    Here's why Cleveland-Cliffs wanted to buy US Steel.  ( 15 min )
    Oil falls as firm dollar, China economy counter 7-week rally
    Oil prices eased on Monday after seven straight weeks of gains supported by tightening supply on OPEC+ output cuts, as concerns about China's faltering economic recovery and a stronger dollar weighed. Brent crude futures fell 29 cents, or 0.3%, to $86.52 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $82.95 a barrel, down 24 cents, or 0.3%. Prices slipped as the U.S. dollar index extended gains on Monday after a slightly bigger increase in U.S. producer prices in July lifted Treasury yields despite expectations that the Federal Reserve is at the end of hiking interest rates.  ( 31 min )
    Asian Equities Decline; Yen Breaches Key Level: Markets Wrap
    (Bloomberg) -- Asian equities were set to fall on Monday after shares on Wall Street capped off a poor week on a down note and as China’s worsening property slump damps market sentiment.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowFutures for stocks in Austral  ( 33 min )
    Asia suffers China blues; dollar hits 2023 top on yen
    Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields pressured sky-high valuations on tech stocks and underpinned the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan eased another 0.2%, after shedding 2% last week. Japan's Nikkei was off 0.1%, though exporters have drawn support from the weak yen.  ( 32 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    China Hedge Funds in Crisis After Losses, US Investor Retreat
    (Bloomberg) -- Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying the price.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe number of active China-focused hedge funds has slipped for the f  ( 33 min )
  • Open

    Eli Lilly Shares Reach Record High After Completing Two Acquisitions
    Eli Lilly shares hit an all-time high as the drugmaker closed two acquisitions, including one related to the hot market for weight-loss treatments.  ( 1 min )
    Hawaiian Electric Shares Crater on Concerns About Potential Maui Fires Liability
    Shares of Hawaiian Electric Industries plunged to their lowest level in more than 13 years on concerns the power company could face liability claims related to the wildfires in Maui.  ( 1 min )
    UBS To Pay $1.4 Billion in Subprime Loan Settlement
    Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 financial crisis.  ( 1 min )
    Ford Poaches Former Apple Services Boss to Drive Customer Experience
    Former Apple executive, Peter Stern, will craft new customer experiences at Ford, as the company expands it's electric fleet and self-driving technology.  ( 1 min )
    AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
    AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.  ( 1 min )
    US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
    U.S. Steel's shares surged on Monday after it rejected an unsolicited offer worth $7.25 billion Cleveland-Cliffs, and said it was reviewing strategic options.  ( 1 min )
    PayPal Taps Intuit's Alex Chriss as New CEO
    PayPal shares rose in early trading on Monday after it tapped Intuit's Alex Chriss as its new CEO.  ( 1 min )
    Nikola Shares Tumble After Recall of Electric Semi-Trucks
    Shares of Nikola sank after the electric vehicle maker voluntarily recalled 209 of its Class 8 Tre semi-trucks because of potential battery fires.  ( 1 min )
    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 1 min )
  • Open

    Leveraged Credit Is a Growing Risk for US Banks
    U.S. banks could be increasingly exposed to a deteriorating corporate credit market, which has been plagued by rising interest rates, persistently high inflation, and an uncertain economic outlook.  ( 1 min )
    Markets Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 1 min )
    Markets Were Mixed at Midday Ahead of More Earnings Reports, Consumer Data
    U.S. equities were mixed at midday on Monday, Aug. 14, 2023, ahead of key earnings reports and consumer spending data.  ( 1 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 1 min )

  • Open

    Gas Market Ructions Fuel Concerns About Energy Bills This Winter
    (Bloomberg) -- Gas is back as a risk to the global economy with potential strikes in major producer Australia threatening to shatter the fragile balance of global supplies -- and send consumer bills rising once more.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish Shado  ( 33 min )
    Oil Edges Lower After Seven-Week Rally Driven by Tighter Market
    (Bloomberg) -- Oil edged lower after capping seven weeks of gains — the longest rally since mid-2022 — driven by signs of a tightening market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowWest Texas Intermediate fell below $83 a barrel following the 20% surge i  ( 31 min )
    First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail
    PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the decision was predictable.  ( 33 min )
    Cleveland-Cliffs says its buyout offer rebuffed by U.S. Steel
    Cleveland-Cliffs disclosed Sunday afternoon that it had made an offer for United States Steel Corp. that was rejected by the Pittsburgh-based company's board. Cleveland-Cliffs said it was still willing to engage in talks to reach a merger agreement.  ( 11 min )
    US Steel rejects $7.3bn acquisition bid from rival Cleveland-Cliffs
    Move came after company said it had hired financial advisers to evaluate offers  ( 5 min )
    Marketmind: Will China pull the stimulus trigger?
    Asian markets will get key economic signals this week that could determine monetary policy in the continent's two biggest economies - retail sales and industrial production and house prices from China, and Japanese GDP and inflation. Markets also will watch for interest rate decisions from New Zealand and the Philippines, inflation figures from India and major corporate earnings reports from China, including Tencent, Lenovo CNOOC and JD.com.  ( 32 min )
    Plug Power will borrow up to $1.5 billion to fund hydrogen plant construction
    Plug Power will borrow up to $1.5 billion over the next 18 months as the Latham manufacturer focuses on expanding its network of hydrogen generation plants.  ( 10 min )
    ‘Pullback Will Be Short-Lived’: Daniel Ives Says Buy These 2 AI-Driven Tech Stocks — Including One With 260% Upside
    Boosted by the AI craze, it’s been a vintage year for tech stocks, but the summer season is proving to be a bit shakier so far. Since mid-July, the trend has been down, with the tech-heavy NASDAQ shedding ~5%. This naturally raises the question: should we be ringing the alarm bells due to this shift? Not at all, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. Ives believes that the new bull market is simply taking a breather, and he asserts that the p  ( 34 min )
    U.S. Steel Looking at Options After Bid by Cleveland-Cliffs
    The steel company built by Andrew Carnegie and J.P. Morgan might not be independent for much longer.  ( 26 min )
    US Steel Pursues Options as It Rejects Cleveland-Cliffs Bid
    (Bloomberg) -- Cleveland-Cliffs Inc. said it made a bid to purchase United States Steel Corp. in a cash and stock deal as it looks to create one of the world’s largest steelmakers.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowUS Steel Explores Strategic Alternatives After Getting Unsolicited BidsDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose  ( 31 min )
    The US is facing a debt storm. Here's 5 charts that show trouble is brewing.
    Hedge fund legend Ray Dalio and economist Nouriel Roubini are among commentators who have warned of a full-blown debt crisis headed for the US.  ( 33 min )
    Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
    All eyes were on San Francisco this week as critics and supporters of deploying self-driving cars on public roads awaited a vote from the California Public Utilities Commission. Tl;dr: it was a win for the autonomous vehicle industry. If you haven't been following, the CPUC approved the last remaining permits to Cruise and Waymo, giving the two companies the green light to offer commercial robotaxi services across San Francisco 24 hours a day, seven days a week.  ( 34 min )
    Goldman Pencils In First Fed Rate Cut for Second Quarter of 2024
    (Bloomberg) -- Goldman Sachs Group Inc. economists anticipate the Federal Reserve will start lowering interest rates by the end of next June, with a gradual, quarterly pace of reductions from that point.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for  ( 31 min )
    Home Depot, Target, Cisco, Deere, Walmart, and More Stocks to Watch This Week
    We'll see earnings from Walmart, Ross Stores, Applied Materials, Cardinal Health, and others. Economic data for the week will include Fed minutes, retail sales, and housing figures.  ( 27 min )
    UPDATE 1-US Steel to explore strategic alternatives after unsolicited bids
    United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business. The review was begun after the steel producer received "multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said in a statement, without disclosing details about the strategic alternatives. Barclays Capital and Goldman Sachs are serving as financial advisors to U.S. Steel, while Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors, the steel producer said.  ( 31 min )
    Young adults are more reliant on credit cards than ever before
    About 53% of millennials and 41% of Gen Z respondents said they were more reliant on credit cards than ever before this summer.  ( 33 min )
    U.S. Steel Explores Strategic Alternatives After Getting Unsolicited Bids
    (Bloomberg) -- United States Steel Corp. says it is initiating a formal review of strategic alternatives after it received “multiple unsolicited” proposals.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for Signs of Stock Market TroubleThe proposals rang  ( 31 min )
    Big Box earnings, retail sales, Fed minutes: What to know this week
    A July retail sales report and corporate results from some of America's largest retailers will provide key insights into the strength of the US consumer during the back to school shopping season.  ( 35 min )
    US Steel to explore strategic alternatives after unsolicited bids
    The decision follows the company "receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said, without disclosing more details on the strategic alternatives. U.S. Steel, which has been raising prices to offset the impact from higher costs related to raw materials and energy, has seen strong demand for its steel products helping the company beat profit estimates for the second quarter.  ( 31 min )
    Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms
    On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?  ( 32 min )
    Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
    (Bloomberg) -- Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in sukuk as the kingdom plans to bolster its domestic market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowLook to the Options Market for Signs of Stock Market TroubleHac  ( 30 min )
    More Bitcoin ETF Decisions Are Already Looming After SEC Declines to Rule
    (Bloomberg) -- Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick  ( 32 min )
    I Moved From Ohio to New York City. Was That Financially Crazy?
    Yes, it was a dumb move if you think short term. But long term, it still seems like a good bet.  ( 26 min )
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    No content preview
    Buy the Dip in These 2 Beaten-Down Stocks, Say Analysts
    Everyone likes a bargain and the same is true in the stock market. But while picking up items on sale in a store is a simple task, picking up shares on the cheap is a more complex endeavor. Because a cheap stock often means that it has been through the wringer, and the immediate question that comes to mind is, why have the shares taken a beating? A beaten-down stock could be down for a whole host of reasons, from weak fundamentals to broader macro concerns to unreasonable behavior by investors.  ( 35 min )
    The Series I Bond Frenzy is Dying. Should I Cash Out Now?
    Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.  ( 32 min )
    All boomers need to feel ‘wealthy’ is financial security. The bar is way higher for Gen Z
    Building wealth is one thing. Feeling comfortable is another entirely.  ( 32 min )
    Will Terminating an Irrevocable Trust Affect My Taxes?
    An irrevocable trust is a legal entity that cannot be altered, amended or revoked after its creation. Irrevocable trusts are typically established to protect assets from creditors, benefit the beneficiaries and minimize estate taxes. But there are circumstances that warrant the termination of an irrevocable trust like when its purpose is fulfilled or its assets […] The post Tax Consequences of Terminating an Irrevocable Trust appeared first on SmartReads by SmartAsset.  ( 33 min )
    Stock Rally Stalls Despite Better-Than-Expected Earnings Season
    With the second-quarter earnings season coming to a close, companies have exceeded analysts’ estimates at a greater rate than usual. Yet investors aren’t rewarding positive surprises.  ( 25 min )
    Why cooling inflation may be good news for tech stocks
    The relationship between interest rates and inflation has some significant implications for tech companies' valuations.  ( 33 min )
    Emerging Bonds Disrupt Playbook by Rallying as Treasuries Swoon
    (Bloomberg) -- The old playbook of selling emerging-market bonds when Treasury yields spike is being upended by the positive dynamics favoring developing-nation debt. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowEmergin  ( 32 min )
    Largest U.S. Pension Bought Up Roblox Stock Before It Tanked
    Calpers scooped up volatile stocks including game firm Roblox, EV maker Lucid, and PC manufacturer HP in the second quarter. It cut back on Intel.  ( 26 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Home Depot, Target and Walmart earnings; retail sales, oil inventories in week ahead
    Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will also be released.  ( 32 min )
    Earnings Follow Superstar Stocks like NVIDIA and Super Micro
    Most investors know that stocks follow earnings. That’s a fact.  ( 32 min )
    Restaurants and Supermarkets Are Brawling Over Your Dollar
    Kroger, Giant Eagle and other grocers expand their prepared meals. Meanwhile, Chipotle, Taco Bell and other restaurants aim to defend their turf.  ( 28 min )
    Travel Insurance Is Confounding. What to Know Before You Buy It.
    More vacationers are getting it as severe weather and other threats put expensive trips at risk.  ( 26 min )
    Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
    Billionaire activist investor Carl Icahn is weathering one of his career’s most trying periods, but some on Wall Street say don’t count him out yet.  ( 23 min )
    Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
    (Bloomberg) -- Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last week of the continent’s fragile energy security and bond-market risks. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesMaui Now Looks a Lot Less Like Parad  ( 33 min )
    Did Berkshire Hathaway Sell Paramount Stock Last Quarter? We’ll Find Out on Monday.
    Berkshire is due to release its quarter 13-F filing Monday the make-up --and any changes -- in its $350 billion equity portfolio in the second quarter.  ( 27 min )
    VinFast gets into Nasdaq, while Mullen hangs on by a thread: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast joins EVs trading in U.S.; Mullen’s reverse stock split; and UAW talks get heated.  ( 33 min )
    Risk of double mortgage shock as Bank warns over persistently high interest rates
    More than 800,000 homeowners face a double mortgage rate shock as the Bank of England warns interest rates will stay high for years.  ( 31 min )
    How banks and shops joined the conspiracy against cash
    On a mild September day in 2015, a man walked into Walsall shopping centre in the West Midlands and headed straight for the local NatWest branch.  ( 37 min )
    What Wall Street’s Top Recession Gauge Is Saying Now
    Signs of economic strength are bringing new scrutiny to the inverted yield curve.  ( 21 min )
  • Open

    Country Risk Premium (CRP): What It Is and How To Calculate It
    Country risk premium (CRP) is the additional return or premium demanded by investors to compensate them for the higher risk of investing overseas.  ( 25 min )
    What Does the HUD Secretary Do?
    The Department of Housing and Urban Development is responsible for the living conditions of millions of Americans.  ( 21 min )
    What Credit (CR) and Debit (DR) Mean on a Balance Sheet
    There are a few theories on the origin of the abbreviations used for debit (DR) and credit (CR) in accounting. Here's an overview of the terms.  ( 22 min )
    Student Loan Debt by Gender
    While student loan debt is a burden for all borrowers, gendered wage gaps and other factors cause some to have a harder time than others.  ( 31 min )
    Understanding Frictional vs. Structural Unemployment
    Frictional and structural unemployment are two different types of unemployment that occur in an economy. Frictional unemployment occurs when workers search for jobs.  ( 21 min )
    Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution
    Dive into game theory and the Nash equilibrium, and learn why the equilibrium assumptions about information are less important with a dominant strategy.  ( 20 min )
    Standard Auto Insurance Definition
    Standard auto insurance is basic auto insurance, generally offered to drivers with clean driving records who fall into an average risk profile.  ( 22 min )
    Hashgraph Consensus Definition
    Hashgraph consensus works differently from more well-known blockchain consensus mechanisms. Learn more about it and how it works.  ( 21 min )
    Student Loans and the Racial Wealth Gap
    Higher education offers upward mobility to students of all races and ethnicities, but student loan debt still widens the racial wealth gap. Learn more.  ( 30 min )
    What Is an Accelerated Death Benefit in Life Insurance?
    An accelerated death benefit (ADB) allows a life insurance policyholder advances against the death benefit if diagnosed with a terminal illness.  ( 20 min )
    Variable Life Insurance: Definition, Tax Benefits, Vs. Term Life
    Variable life insurance is a permanent life insurance product with separate investment accounts, and often offers flexibility regarding premium remittance and cash value accumulation.  ( 22 min )
    Licensed for Reinsurance Only Definition
    Licensed for reinsurance only means a company can provide services specifically related to reinsurance in the state that has granted the license.  ( 19 min )
    How Long Can a Building Owner or Landlord Depreciate a Leasehold Improvement?
    Learn about the different depreciation and amortization rules pertaining to leasehold improvements for tax basis and GAAP financial statements.  ( 19 min )
    Vacant Home Insurance: Do You Need It? What Does It Cover?
    Vacant home insurance protects homes that aren’t being lived in. Here’s what vacant home insurance is, how it works, if you need it, and what it covers.  ( 23 min )
    4 Types of Home Renovation: Which Ones Boost Value?
    Most home renovation projects fail to pay for themselves at resale; savvy homeowners learn how to choose the upgrades that really add value.  ( 25 min )
    Preferred Provider Organization (PPO): Definition and Benefits
    A PPO is an arrangement with an insurance company in which a network of medical professionals and facilities provide services at reduced rates.  ( 23 min )
    Valuation Premium Definition
    A valuation premium is rate set by a life insurance company based on the value of the company's policy reserves.  ( 18 min )
    Government Assistance Programs: What's Available, Where to Apply
    Government assistance programs are in great demand when there is high unemployment or low wages. Learn what’s available, how to qualify, and where to apply.  ( 42 min )
    Credit Watch
    A credit watch is a service provided by credit rating agencies, financial institutions, or private businesses that watch your credit report for changes.  ( 21 min )
    What Is a Special Needs Child? Definition and Financial Resources
    A special needs child is one that requires extensive medical, educational, or emotional support.  ( 24 min )
    The 5 Countries With the Lowest Interest Rates
    Interest rates in many nations are at record low levels. We look at the five nations with the lowest rates.  ( 20 min )
    Stress Testing in Value at Risk: Overview, Calculations
    Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 19 min )
    How Are Aggregate Demand and GDP Related?
    See why aggregate demand and gross domestic product (GDP) aren't necessarily the same, according to Keynesian macroeconomic theory.  ( 19 min )
    Barstool Sports Founder Bought It Back for $1—Here’s Dave Portnoy’s Net Worth Now
    Barstool Sports founder Dave Portnoy bought back his company for $1 from Penn Entertainment, as Penn Entertainment sold 100% of outstanding Barstool shares to Portnoy after signing a deal with ESPN to rebrand their existing sportsbook, without Barstool. Portnoy has a net worth of $100 million.  ( 18 min )
    How to Calculate the Value of an ETF
    An ETF is a good way to get broad exposure without taking on specific risk, but calculating performance may be a bit tricky.  ( 21 min )
    7 Ways to Lose Money on Bonds
    Can you lose money on bonds? Yes, indeed—but if you know the most common cause of bond losses, you can avoid them.  ( 24 min )
    Fitch Ratings: Definition, Uses, and Rating Scale
    Fitch is an international credit rating agency based out of New York City and London that investors often use to make investing decisions about stocks and bonds.  ( 21 min )
    Moral Hazard & the 2008 Financial Crisis Explained
    Learn about moral hazard, how it can affect outcomes and how it contributed to the conditions that led to the 2008 financial crisis.  ( 18 min )
    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 18 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Blanket Honesty Bond Definition
    A blanket honesty bond is a fidelity bond that protects employers from losses due to dishonest acts of employees.  ( 19 min )
    Business Liability Insurance: Meaning, Overview, Types
    Business liability insurance protects a company and/or business owner in the event of a formal lawsuit or any third-party claim.  ( 21 min )
    Understanding Life Insurance Loans
    A loan against the cash value of your life insurance can provide funds you need for other expenses. Learn about the pros and cons of this strategy.  ( 23 min )
    Cut-Through Clause: Meaning, How it's Used, Benefits
    A cut-through clause is a reinsurance provision that lets a party, other than the ceding company and reinsurance company, have rights under the agreement.  ( 19 min )
    Second Surplus Definition
    Second surplus describes a reinsurance treaty that provides coverage above that of a first surplus reinsurance treaty.  ( 18 min )
    Sales Comparison Approach (SCA): Definition and Use in Appraisals
    The sales comparison approach is an appraisal method that compares real estate to other properties with similar characteristics.  ( 24 min )
    What to Do After a Car Accident
    Being involved in an auto accident, even a minor one, can be a nerve-wracking experience, so it’s important to know what steps to take if it happens.  ( 21 min )
    Credit Market: Definition, Types, Example
    The credit market is where investors buy bonds and other credit-related securities. It is also where governments and corporations raise funds.  ( 22 min )
  • Open

    Review: Samsung Galaxy Z Flip 5 is de beste vouwtelefoon van het moment
    Je gebruikt misschien (nog) een platte telefoon, maar vouwtelefoons worden elk jaar beter. Dat bewijst Samsung met de Galaxy Z Flip 5, die uitblinkt met een nieuw scharnier en een groter scherm op de voorkant.  ( 7 min )
    China zoekt buitenlandse investeerders om afzwakkende economie te stimuleren
    De Chinese overheid probeert China aantrekkelijker te maken voor buitenlandse investeerders en wil het ondernemingsklimaat verbeteren, staat in een nieuw rapport van de regering.  ( 3 min )
    Zonnig weer zorgt (eindelijk) voor zomerdrukte bij pretparken en strandtenten
    Dagattracties in Nederland hebben het een stuk drukker gekregen nu het weer zonnig is. "Het is zomerdrukte. Eindelijk regent het niet meer en dat merken we wel", zegt een woordvoerder van de Efteling.  ( 3 min )
    Nog eens honderden beleggers naar de rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld hebben verloren na de overname van Credit Suisse door bankconcern UBS spannen een rechtszaak aan. Ze proberen de uitkoop aan te vechten bij de rechter, meldt Financial Times zondag.  ( 3 min )
    Nog eens honderden beleggers naar rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld verloren na de overname van Credit Suisse door bankconcern UBS in maart spannen een rechtszaak aan om de uitkoop aan te vechten, meldt Financial Times zondag.  ( 3 min )
    Hoge bouwkosten duwen Duitse projectontwikkelaar Project de afgrond in
    Project, een grote Duitse vastgoedontwikkelaar, heeft faillissement aangevraagd. Daardoor komen meerdere miljardenprojecten verspreid over Duitsland stil te liggen.  ( 3 min )
  • Open

    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 1 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 1 min )

  • Open

    Why WeWork may be the next hot meme stock
    No content preview
    China’s Economic Woes Deepen With Housing Market Slump
    (Bloomberg) -- China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesOfficial data on Tuesday will likely show mo  ( 35 min )
    Bond Market Sees No End to Tumult as Fed Casts a Hawkish Shadow
    (Bloomberg) -- Across Wall Street, there’s growing relief that the Federal Reserve — at long last — may be done raising interest rates. But that doesn’t mean turbulence in the bond market will soon become a thing of the past. Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseLook to the Options Market for Signs of Stock Market TroubleBankman-Fried in Custody After Bail Is Revoked Over LeaksInvestors anticipate that US Treasuri  ( 33 min )
    Nikola Recalls Most of Its Battery-Electric Trucks After Fire Probe
    Nikola is recalling about 209 of its battery-powered commercial trucks after an outside investigation indicated a defective battery part likely caused a fire in one of the trucks.  ( 27 min )
    Paul Graham calls A.I. ‘the exact opposite of a solution in search of a problem’
    A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.  ( 31 min )
    From Elon Musk to Chinese tech titans, everyone wants Nvidia's GPU chips. There might not be enough to go around.
    No content preview
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Americans can't get a break thanks to surging mortgages, food and fuel costs. Here's all the ways consumers are getting screwed.
    Just when you thought inflation is going down, the cost of food, fuel, mortgage rates and credit card debt has gone up, eating away Americans' wallets.  ( 32 min )
    Bitcoin gift cards amplifying spending power of crypto
    Consumer bitcoin provider Azteco recently announced an $84 million seed funding round led by Jack Dorsey as the company introduces Bitcoin gift cards.  ( 32 min )
    Lina Khan: The most feared person in Silicon Valley is a 34-year-old in DC
    Lina Khan is a key architect of an aggressive attempt by Washington to rein in tech giants. Amazon may be next.  ( 35 min )
    This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid
    Yieldstreet owns around 700 homes. But it hasn't bought any homes in 2023.  ( 33 min )
    India's Adani Ports says Deloitte auditor resignation arguments not convincing
    NEW DELHI (Reuters) -India's Adani Ports on Saturday said Deloitte's reasoning to quit as auditor of the company was "not convincing or sufficient to warrant such a move" and the global firm had all the necessary information it required to conduct the process. Deloitte had decided to resign from the role amid concerns over certain related party transactions flagged in a report by U.S. short seller Hindenburg in January, but the Indian company did not wish to look into them independently, a source told Reuters on Friday. The auditor's resignation has brought fresh scrutiny of the financial management at Adani Group, led by Indian billionaire Gautam Adani.  ( 32 min )
    As Fires and Severe Weather Increase, Demand for Homeowners Insurance Rises
    As natural disasters like the fires in Maui, Hawaii, inflict more damage on homes and properties, people are looking to protect against potential losses. That means brisk business for insurers—and opportunities for investors.  ( 26 min )
    Retirees Rely on Social Security The Most in These US Cities
    No content preview
    Want to Stop Working at 40? $3 Million Will Buy You This Much Retirement
    Depending on your goals and plans, $3 million can be enough to cover early retirement at 40. However, certain factors will affect whether $3 million is enough. For example, your retirement needs and life expectancy play a big role. Here's … Continue reading → The post Is $3 Million Enough to Retire at 40? appeared first on SmartAsset Blog.  ( 32 min )
    How Much Retirement Will $400k Buy Me?
    No content preview
    How Long Will $1.5 Million Last Me If I Retire at 50?
    No content preview
    How Much Retirement Will $3 Million Buy Me?
    No content preview
    Americans are still ransacking their retirement savings
    In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year.  ( 32 min )
    How Long Will $5 Million Last Me If I Retire at 45?
    If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 33 min )
    Good News, Millennials: You Can Still Rescue Your Retirement
    No content preview
    Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary?
    The existence of fiduciary duty does not prevent potential conflicts of interest. Could you explain a little more about this idea? What types of conflicts could arise even with a fiduciary? – Marianne Finding a fiduciary is a great start … Continue reading → The post Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary? appeared first on SmartAsset Blog.  ( 33 min )
    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
    No content preview
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
    No content preview
    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 19 min )
    Molson Coors, Tilray search for ‘next billion-dollar idea’ in recent booze deals
    Beer, cannabis, and spirits come together as companies look to follow the consumer into the future.  ( 34 min )
    Oil Giant SLB Leads 5 Resilient Stocks Near Buy Points
    No content preview
    Here's How Much Americans' 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace?
    The good news for retirement savers using 401(k) plans and similar workplace retirement accounts is that the improving stock market is raising account balances. The average 401(k) is up by an average of $7,250 – a gain of 9.6% – since the end of 2022, according to a Bank of America report. The report also […] The post Here’s How Much Americans’ 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Your Financial Advisor Will Soon Use AI on Your Portfolio
    Artificial intelligence will transform advising, and will be used for everything from constructing more efficient portfolios to answering client questions.  ( 26 min )
    The Chicago school economist who warned years ago of America’s ‘business dynamism’ fading still sees ‘something broken in the background’
    Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.  ( 36 min )
    The Stock Market Is No Fun When Student Loan Payments Are About to Restart
    Another bucket of cold water threatens the once-hot trend of amateur day trading.  ( 26 min )
    The Scary Math Behind the World’s Safest Assets
    Washington has laid the seeds of a crisis that Wall Street can no longer ignore.  ( 25 min )
    A Pain in the Neck: Elon Musk and Tesla’s Revolving C-Suite
    The chief financial office’s move to step down is the latest example of high-level churn at the electric-vehicle company.  ( 27 min )
    ‘I have had clients in tears’: First-time buyers burned by Help to Buy
    Despite month after month of falling prices, the housing market has so far avoided the most pessimistic forecasts for a market crash.  ( 33 min )
    Inside the American bid to break France’s stranglehold on the £300bn luxury market
    Two ageing French billionaires sit atop the global luxury market: Bernard Arnault and François Pinault.  ( 34 min )
    It Makes More Sense to Rent Than Buy a Home Right Now. Here’s Why.
    Rising home values and higher mortgage rates have eroded the savings on monthly costs for many who are considering buying now.  ( 27 min )
    Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin
    Investors are again pouring money into meme-focused cryptocurrency Shiba Inu (SHIB) in a sign of caution for bitcoin traders. Open interest in Binance's SHIB futures has more than doubled to $101.65 million this month, hitting the highest since Feb. 5, according to data source Coinglass. SHIB futures are sized at 1000 SHIB per contract with up to 25x leverage.  ( 30 min )
    US stocks finish the week mostly lower as July inflation data comes in mixed
    No content preview
    China’s Home Buyers Are Waiting Out the Property Slump
    The wait-and-see attitude of home buyers is deepening the slump and complicating policy makers’ attempts to revive economic growth.  ( 26 min )
    How U.S. and China Are Breaking Up, in Charts
    China’s share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America’s top two trade partners.  ( 27 min )
    A key signal suggests job growth could plummet in coming months amid labor strikes and bad weather
    No content preview
    U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
    U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.  ( 33 min )
    Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.
    AI hype drove huge gains among some tech stocks in the first half of 2023. Lately, that has gone into reverse.  ( 31 min )
    Deflation Is the Latest Risk for China’s Struggling Stock Market
    (Bloomberg) -- China’s lapse into deflation is emerging as the latest risk for its struggling stock market, denting investor optimism over a much-anticipated earnings rebound. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesThe CSI 300 Index just  ( 32 min )
  • Open

    Credit Rating: What It Is and Why It's Important to Investors
    A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 27 min )
    Credit Risk: Definition, Role of Ratings, and Examples
    Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations. Learn how it works.  ( 24 min )
    With HO5 Insurance, You're in Charge
    HO5 insurance, a type of home insurance, covers everything and will put the onus on your insurance provider.  ( 24 min )
    Ripple Ecosystem: What Is The Role Of XRP?
    XRP's role in Ripple's ecosystem is confusing, causing many to quickly lose interest in its utility and invest elsewhere. Here's an explainer of its role.  ( 22 min )
    Abstract of Title: Defining This Crucial Real Estate Document
    Abstract of Title is the summarized historical legal record of a piece of property.  ( 18 min )
    What Are As-Is Home Sales?
    Homes that are being sold without necessary repairs being made first are as-is listings. There can be pros and cons to selling or buying a property this way.  ( 23 min )
    Buying vs. Renting in San Francisco: What's the Difference?
    The question of whether to buy or rent in the San Francisco Bay Area is a tough one because both options are pricey. Here we discuss how to decide.  ( 24 min )
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Canine Liability Exclusion Definition
    A canine liability exclusion is a home insurance clause that protects the insurer against paying claims caused by dogs. Homeowners may need an add-on or separate policy.  ( 20 min )
    Reinstatement Clause in Insurance: Meaning and Examples
    A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured files a claim.  ( 18 min )
    How Much Does It Cost to Tow a Car?
    How much it costs to have your car towed depends on whether you have auto insurance coverage, the right credit card, or a roadside assistance plan.  ( 19 min )
    Eviction: Definition and How It Works Under the Law
    Eviction is the process by which a landlord can remove a tenant from a rental property. It typically involves court proceedings but governments offer some protections.  ( 25 min )
    How to Cancel Car Insurance
    If you’re switching insurance providers, moving to another state, or selling the insured vehicle, here’s how to cancel your auto insurance policy.  ( 19 min )
    Crisis Management Coverage
    Crisis management coverage is insurance coverage designed to help a business limit the negative impact of events on the business’s reputation.  ( 18 min )
    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 17 min )
    Prices in China are Falling: Here's Why That's a Problem
    News this week that consumer prices in China fell 0.3% from the year before set off alarm bells because deflation can devastate economies.  ( 17 min )
    Annual Renewable Term (ART) Insurance: What it is, How it Works
    Annual Renewable Term insurance is term life insurance with a guarantee of future insurability for a set period of years on a renewable basis.  ( 20 min )
    Crossover Loss Definition
    In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 22 min )
  • Open

    NU+ | Koplopers: Zelfs monumenten kunnen groen en gasloos zijn
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, warmte en (land)bouw geven. Deze week: hoe een rijksmonument in Amsterdam groen en gasloos werd.  ( 5 min )
    Muzieklabels klagen Internet Archive aan vanwege digitale 78 toerenplaten
    Verschillende grote muziekmaatschappijen hebben de non-profitorganisatie Internet Archive aangeklaagd omdat die het auteursrecht zou hebben geschonden door duizenden oude muzieknummers en -opnames online te zetten.  ( 3 min )
    De Chinese economie kampt met deflatie, waarom is dat erg?
    Waar de prijzen in Nederland al een jaar omhoogschieten, was er in China in juli voor het eerst in meer dan twee jaar sprake van dalende prijzen. De angst voor die deflatie neemt toe. Waarom is dat een probleem?  ( 4 min )
    FTX-oprichter Bankman-Fried opnieuw in de boeien geslagen
    De van fraude verdachte oprichter van de failliete cryptobeurs FTX, Sam Bankman-Fried, is opnieuw gearresteerd. Hij was op borgtocht vrij, maar een rechter heeft de borgtocht vervroegd ingetrokken.  ( 3 min )
    Reisverzekering is veel minder groot vangnet bij Nederlandse vakantie
    Bij een vakantie in eigen land hoef je niet te vrezen voor kostbare terugvluchten of een hoge medische rekening. Daarom kun je denken dat een reisverzekering niet nodig is. Sluit je dan alleen nog een polis af voor je bagage?  ( 6 min )

  • Open

    Standard & Poor's (S&P): Provider of Indexes and Credit Ratings
    Standard & Poor's (S&P) is globally known for its variety of investable, benchmark financial indices, along with its independent credit ratings.  ( 26 min )
    Understanding Interest Rates, Inflation, and Bonds
    Get to know the relationships that determine a bond's price and its payout.  ( 27 min )
    What Is a Credit Agency? How They Work
    Credit agencies gather debt information that is used to generate a score that indicates creditworthiness.  ( 21 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 19 min )
    Administrative Charge: Definition and How It Works in Insurance
    An administrative charge is charged by an insurer to cover expenses related to record keeping and/or other administrative costs.  ( 18 min )
    What Is Comprehensive Insurance and What Does It Cover?
    Comprehensive insurance is car insurance that covers damage to your car from causes other than a collision. Learn about comprehensive insurance costs.  ( 24 min )
    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 19 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 18 min )
    Associate in Insurance Services (AIS) Definition
    Associate in Insurance Services (AIS) is a designation earned by insurance professionals and conferred by The Institutes.  ( 18 min )
    Former FTX CEO Bankman-Fried Has Bail Revoked, Heads To Jail
    Former FTX CEO Sam Bankman-Fried had his bail revoked and was sent to jail ahead of his October criminal trial for alleged witness tampering.  ( 18 min )
    Consumer Price Index (CPI) Explained: What It Is and How It's Used
    The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 33 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 16 min )
    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 17 min )
    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
    Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 38 min )
    When You Can’t Get a Reverse Mortgage
    Reverse mortgages can provide income for retirement. Learn what can make you ineligible for one and what some of the alternatives are.  ( 22 min )
    News Corp Shares Rise After Profit Beat on Cost Cuts and Says It Anticipates AI Gains
    News Corp shares climbed after the company posted better-than-expected results on cost-cutting moves, and said artificial intelligence would help boost future results.  ( 18 min )
    5 Ways Small Businesses Are at a Disadvantage
    Small businesses can be nimble and innovative, but larger companies have name recognition, can raise capital, and have other advantages that are hard to beat.  ( 19 min )
    Surplus Lines Insurance: What It Is, How It Works, Uses, and Types
    Surplus lines insurance policies offer coverage for risks that regular insurance companies don’t want to take on.  ( 21 min )
    Single-Premium Life Insurance: What it is, How it Works, FAQ
    Single-premium life insurance charges the policyholder just one lump-sum premium payment to guarantee the death benefit.  ( 21 min )
    Nearly One in 10 U.S. Homes Is Now Worth A Million Dollars as the Housing Market Recovers
    A shortage of homes for sale boosted housing values in June to a record $46.8 trillion, surpassing last year's previous all-time high of $46.6 trillion. In more affordable markets, the typical home still sells for below the national median of $426,056.  ( 18 min )
    SEC Delays Decision on ARK Invest's Bitcoin ETF To Gather More Public Comments
    The SEC has announced they have delayed a decision on ARK Invest's bitcoin ETF application in an effort to gather more comments from the public.  ( 17 min )
    Net Premiums Written: What it is, How it Works
    Net premiums written is the sum of premiums written by an insurance company over time, minus premiums ceded to reinsurance, plus any reinsurance assumed.  ( 19 min )
    Capital Stock Insurance Company Definition
    A capital stock insurance company is an insurer that gets capital from stockholder contributions, in addition to other reserve or surplus accounts.  ( 19 min )
    Despite Increased Travel Demand Price to Fly Is Falling
    Flying in the U.S. is now 10% lower than pre-pandemic prices and air travel demand is up 12% from the same time last year.  ( 17 min )
    How to Calculate MPC: Marginal Propensity to Consume
    Marginal propensity to consume (MPC) is how much more individuals will spend for each additional dollar earned. Here's how to calculate MPC.  ( 24 min )
    Learn Some Limitations of the Consumer Price Index
    Despite being followed so relentlessly, the consumer price index (CPI) has its limitations and is an imperfect measure of inflation and the cost of living.  ( 23 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    How Microeconomics Affects Everyday Life: Renting an Apartment
    Here’s a look into the importance of microeconomics and how individuals use this theory in the case of leasing an apartment from a landlord.  ( 21 min )
    Maxeon Cuts Guidance as Demand for Solar Products Weakens, Sending Shares Lower
    Shares of Maxeon Solar Technologies plunged after the company reduced its outlook because of a decline in demand for solar products.  ( 17 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 17 min )
    Kazakhstan Tenge (KZT) Definition
    KZT is an abbreviation for the Kazakhstan tenge (KZT), the currency of Kazakhstan.  ( 18 min )
    How to Tell If a Real Estate Agent Is Lying
    Find out what real estate agents are likely to lie about, the reasons for the lies, and how to protect yourself from unscrupulous agents.  ( 20 min )
    Consumer Confidence Softens in August Amid Rising Gas Prices
    The University of Michigan's Consumer Sentiment Index fell 0.6% to 71.2 in August from 71.6 in July.  ( 18 min )
    Consumer Price Index for All Urban Consumers (CPI-U)
    The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.  ( 23 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
    Bankrupt Crypto Exchange Bittrex To Pay $24 Million To Settle With The SEC
    Crypto trading platform Bittrex, that shuttered its U.S. operations earlier this year, will pay $24 million to settle SEC charges for running an unlicensed exchange, broker, and clearing agency.  ( 19 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 17 min )
    The U.S. vs. Canada: Maternity Leave Differences
    The Family and Medical Leave Act is sparse and makes the U.S. one of the only countries that has no mandated form of paid leave for new parents.  ( 25 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 17 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 18 min )
    30-Year Mortgage Rates Drop to Two-Week Low
    Mortgage rates dropped across every loan type except jumbo loans, with the 30-year average now down to a two-week low after dropping about a quarter point over the past week.  ( 20 min )
    3 Degrees of Price Discrimination
    Price discrimination is the strategy of a business or seller charging different prices to different customers for the same product or service. There are three ways businesses can do it.  ( 23 min )
    Strong Dollar: Advantages and Disadvantages
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Why Are the Factors of Production Important to Economic Growth?
    The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. Learn why they're important.  ( 23 min )
    Here’s how the Shell Fuel Rewards Card works, including features, current interest rates, and fees.
    Here is how the Shell Fuel Rewards Card works including where and how to apply, where it can be used, interest rates and fees charged, and the rewards and benefits involved.  ( 22 min )
    How Does the Law of Supply and Demand Affect Prices?
    Learn how the law of supply and demand affects prices, whether supply remains the same and demand increases or vice-versa, plus the exceptions to the rule.  ( 24 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Elasticity vs. Inelasticity of Demand: What's the Difference?
    Elasticity and Inelasticity of demand are the degrees to which demand changes in response to price changes, income levels, and substitution.  ( 24 min )
    The Cost of Studying at New York University (NYU)
    The costs of attending NYU—including paying NYU’s tuition bills—are above average, even for private universities. But research shows it's a wise investment.  ( 24 min )
    Unit Linked Insurance Plan: What It Is, How It Works
    A unit linked insurance plan (ULIP) is an investment product that provides insurance payout benefits.  ( 23 min )
    International Institute for Management Development (IMD)
    The International Institute for Management Development is one of the top graduate business schools in the world, located in Lausanne, Switzerland.  ( 22 min )
  • Open

    The Stock Market Is Falling. Why It’s Time to Get Happy.
    As stocks sink into an August malaise, it’s time to think about what could go right for investors.  ( 26 min )
    AMC Entertainment’s Stock Plan Approved by Judge
    Shares of movie-theater chain sink late Friday as settlement clears plan to issue more shares, raise capital.  ( 25 min )
    The Stock Market Had Another Tough Week. It’s August.
    Stocks rose, fell, rose and fell, ultimately finishing lower this past week. Tech feels the pain.  ( 26 min )
    Buy GM and Wayfair Stock. Analysts Make the Case.
    Wayfair looks headed for accelerated gains in sales and profits.Plus, insights on Petrobras, UPS, and Six Flags.  ( 26 min )
    Listen to Main Street, Not Wall Street, When It Comes to Inflation
    Consumers are still feeling the pinch of higher prices, despite data showing moderating inflation. Bottom line: Don’t count on Fed rate cuts in 2024.  ( 26 min )
    Buy tech stocks now as solid 2nd-quarter earnings will power a 15% rally into year-end, Wedbush says
    "Rome was not built in a day, and neither will the AI ecosystem but this build out is unlike anything we have seen since the Internet in 1995."  ( 31 min )
    Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says
    Lloyd Blankfein called his successor as Goldman's CEO, David Solomon, to complain about the bank's slumping stock and offer to help out, report says.  ( 32 min )
    Odds & Ends: ARK Spot Bitcoin ETF Delayed
    Plus, the SEC fined Wells Fargo and others for not keeping records of business communications.  ( 30 min )
    Exxon Awarded $77 Million in Claim Against Venezuela
    (Bloomberg) -- The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the nationalization of Venezuela’s Cerro Negro and La Ceiba crude projects in 2007.Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseBankman-Fried in Custody After Bail Is Revoked Over LeaksJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandThe award is the result of a  ( 32 min )
    Stock Market Action Plan: Walmart, Target, Home Depot Lead Crucial Week For Retail
    No content preview
    This Is a ‘Bear Steepener’ Bond Market. Why Investors Should Be Concerned.
    10-year Treasury yields are rising faster than two-year yields for one of two reasons. Determining the right one will make all the difference.  ( 26 min )
    GQG Partners adds Nvidia, Amazon, Apple in Q2
    Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion invested in the chipmaker, according to regulatory filings on Friday. Shares in Nvidia are up roughly 180% year to date and reached $1 trillion in market capitalization, amid excitement over advancements in artificial intelligence. In the beginning of June, Chief Investment Officer Rajiv Jain told Reuters he had been meaningfully increasing the firm's position in Nvidia, as he believed the stock had room for more gains.  ( 31 min )
    NextEra Offers a Smart Bet on Green Energy and a Rising Payout
    NextEra Energy owns the largest renewables business in the U.S., and the biggest utility. The stock’s selloff offers an opportunity.  ( 26 min )
    Shein's mounting ethical concerns may push some Gen Z to shop elsewhere
    The fast-fashion company now rivals H&M and Zara, but questions over its labor practices are increasingly taking the spotlight.  ( 34 min )
    AMC Stock Tumbles After ‘APE’ Conversion Approved by Court
    A long awaited plan to convert preferred equity units into AMC's common stock was approved in Delaware court, sending shares down in late trading Friday.  ( 26 min )
    Dow Jones Futures: Market Rally Not Broken, But Nvidia, Tesla Flash Sell Signals
    No content preview
    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 21 min )
    Oil Prices Notch a 7-Week Winning Streak. Here’s Why.
    Oil prices are heading to a record again, and it’s increasingly clear the gains are no fluke. Demand hit a record in June and is on track to stay at high levels for the rest of the year.  ( 27 min )
    Why We Didn't Wait Long To Exit PANW Stock
    No content preview
    AMC’s Revised Stock Conversion Plan Is Approved by Court
    (Bloomberg) -- AMC Entertainment Holdings Inc. won court approval of a stock conversion plan that had spurred a shareholder lawsuit and cast a cloud over the movie theater chain’s efforts to secure new financing.Most Read from BloombergBiden Fears China Economy Is ‘Ticking Time Bomb’Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Now Looks a Lot Less Like ParadiseConsulting Firms Are Paying Undergrads $2  ( 33 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 19 min )
    UPDATE 1-AMC Entertainment receives court approval for revised stockholder settlement
    AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    AMC Entertainment gets approval for revised investor settlement, preferred stock soars
    WILMINGTON, Delaware (Reuters) -AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    Amazon wants to ship your orders without a box. Shoppers worry it will boost package theft, but psychology shows it could actually deter it
    Research shows that the amount of dopamine released in response to a reward is increased when the reward is unpredictable.  ( 33 min )
    A real estate billionaire said Fridays are ‘dead forever’ for offices and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week
    “Friday is increasingly winning out in the WFH stakes,” the WFH Research cofounder tells Fortune.  ( 32 min )
    Look to the Options Market for Signs of Stock Market Trouble
    (Bloomberg) -- Deep within the underbelly of the options world lies a threat to the stock-market calm that’s prevailed all year. Most Read from BloombergMaui Now Looks a Lot Less Like ParadiseJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandBankman-Fried in Custody After Bail Is Revoked Over LeaksDavid Solomon Scrutiny Spreads From Goldman to Alma MaterWhile benchmark indexes just limped to one of their smallest weekly changes of 2023, intraday moves tell a different st  ( 34 min )
    Nasdaq slips, Dow rises as Wall Street weighs inflation data: Stock market news today
    No content preview
    Maui Wildfires Could Hit Tourism Industry Hard. Some Stocks to Watch.
    The biggest question for the island’s companies—and broader economy— will be how long tourists might stay away.  ( 27 min )
    As mass layoffs loom, GKN Aerospace battles with Boeing in court
    A United Kingdom-based investment firm and seven entities of GKN Aerospace have asked the Missouri Supreme Court to dismiss them from a lawsuit that The Boeing Co. filed, arguing they are not subject to state law because they aren’t incorporated here.  ( 13 min )
    Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth
    Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurchases over the last decade.  ( 32 min )
    Nikola stock slides into reverse after share count doubled
    No content preview
    Bill Gross Says 10-Year Treasuries Are ‘Overvalued’
    No content preview
    Bonds are no longer the safe option
    In 2023, US equities have wiped the floor relative to the government IOUs  ( 6 min )
    Why Moody's put Truist on watch for a potential credit downgrade
    Truist's shares slid earlier this week following Moody's decision to review the bank for a potential downgrade. But as of Friday, its stock had started to make a comeback.  ( 11 min )
    Insiders Buy the Dip in These 2 Beaten-Down Stocks, Analysts Say They Could Be Ready to Bounce Back — Here’s Why You Should Pay Attention
    No content preview
    A pharma company helping Elon Musk shed weight is now worth more than the entire economy of Denmark
    The weight-loss and diabetes injectables have seen a surge in demand primarily in the U.S., buoying Novo Nordisk’s profits in the first half of 2023.  ( 33 min )
    Analyst Report: Xylem Inc
    No content preview
    Analyst Report: Enterprise Prods Pntr L
    No content preview
    Lesser-Known Treasury Yield Is on Brink of Historic Breakthrough
    No content preview
    Nasdaq slips, Dow up after more inflation data shows pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Market Update: EPD, NJR, WWW, XYL, DD, ETSY
    No content preview
    Toyota recalls roughly 168,000 vehicles over fire risk
    No content preview
    Chinese electric car giant declares war on Western rivals
    No content preview
    Flying-Car Dispute Ends as Boeing Bets Bigger on eVTOL
    Thursday, Boeing and Archer Aviation settled litigation. Boeing even took a stake in the flying car start-up. Archer shares surged initially but gave back some early gains.  ( 26 min )
    Buy Rivian Stock, Sell Lucid, Says Broker. Both Stocks Are Down.
    Electric-vehicle makers Lucid Group and Rivian have similar market values. That doesn't make a lot of sense for European firm Exane BNP Paribas.  ( 26 min )
    Investors brace for turbulence as Fed balance sheet shrinks by $1tn
    Central bank will continue shedding Treasuries at a time of significant US government borrowing  ( 6 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Comcast Keeps Losing Cable Subscribers. Why That Makes the Stock More of a Buy.
    Comcast’s broadband network is crucial to the future of technology. Even so, its stock is cheap compared with buzzier names like Netflix, Nvidia, and Meta Platforms.  ( 26 min )
    Rivian Seems To Have Resolved Its Biggest Money-Draining Issues
    On Tuesday, Rivian Automotive Inc (NASDAQ: RIVN) posted its second quarter results. The Amazon.com Inc (NASDAQ: AMZN)-backed EV maker posted a narrower than expected loss while lifting its production guidance. Rivian shares initially went up nearly 3% after the report, but its stock has soared 80% over the past 90 days as it continues to enjoy growing demand for its electric pickup and sport utility vehicle despite raised borrowing cost. While its EV rivals burn cash to ramp up production and fo  ( 32 min )
    Cash-poor transportation startups gambling for fresh capital
    Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital. The post Cash-poor transportation startups gambling for fresh capital appeared first on FreightWaves.  ( 35 min )
    Disappointing Earnings Just Trashed These 3 REITs: What Should Investors Do?
    It's always risky for an investor to buy or sell shares of a stock right before an earnings report because nobody can predict with 100% accuracy how a company will perform, nor is it possible to gauge how Wall Street will react to the news. When a company misses the earnings estimate, sometimes it gets shrugged off if the revenue beats the estimates. Other times the earnings may beat the estimates, but the revenue falls short of expectations and that precipitates a sell-off in share price. Anoth  ( 34 min )
    Market Rally On The Ropes, AI Stocks Tumble: Weekly Review
    No content preview
    Lawsuit claiming HP all-in-one printers are defective can proceed
    Customers in the proposed class action said HP concealed how its printers enter an "error state" when low on ink, disabling scanning and faxing functions that do not require ink, and forcing them to buy unnecessary, high-margin ink cartridges. U.S. District Judge Beth Labson Freeman in a decision on Thursday found sufficient allegations that HP knew about the defect, citing a message board post where a support agent told a customer that his printer "will not function" without ink.  ( 31 min )
    Stocks mixed as fresh inflation data shows more pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Own a Piece of First Republic History: The Corporate Jet Is for Sale
    For anyone in the market for a corporate jet, federal regulators have just the thing for you. The Federal Deposit Insurance Corp. is selling a “spectacular” corporate jet that can accommodate 13 passengers, complete with leather seatin  ( 23 min )
    Trucking Company Yellow Is Having an Odd Bankruptcy With New Loan Offers Pouring In
    No content preview
    Chrysler owner calls for focus on reality in UAW labor talks
    (Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday, saying they need "a focus on reality from everyone involved." Stellantis North America Chief Operating Officer Mark Stewart said in a letter to employees seen by Reuters the automaker is "committed to working with the UAW to reach an agreement based on economic realism." A UAW spokesman declined immediate comment on Stewart's letter, but earlier this week UAW President Shawn Fain called the Stellantis proposals "trash" and tossed a copy of them in a waste basket in live streamed remarks.  ( 31 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 32 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 34 min )
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls  ( 34 min )
    Stocks slide as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Strike Fear Is a Reason to Buy Ford, GM Stocks, Not Sell Them
    The Detroit Big Three car companies are in talks with the UAW over a contract deal that would replace one that expires in September.  ( 27 min )
    Tech Pullback Will Be Short-Lived, Analyst Says. AI Will Drive Nvidia, Microsoft, Apple.
    Wedbush analyst Daniel Ives, a longtime tech bull, sticks with his call for a 12% to 15% gain in the Nasdaq, despite a recent dip in performance.  ( 26 min )
    Look Beyond Bud Light’s U.S. Boycott. The Rest of the World Is Buying AB InBev.
    American investors shouldn't be surprised by Anheuser-Busch InBev's strong second quarter. They need to look beyond the U.S. boycott of Bud Light.  ( 26 min )
    Cano Health Stock Dives 49% After Warning About Its Future. It’s Looking for Buyers.
    Citi analysts downgrade the company's shares to Neutral from Buy, citing many challenges for the primary-care provider.  ( 26 min )
    Dow Jones Futures Extend Losses On Hot Inflation Data; 6 Best Stocks To Buy And Watch
    No content preview
    Stocks slip as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Cathie Wood Sells Tesla As Musk Vs. Zuckerberg Goes Gladiator
    No content preview
    Weekly Market Wrap: Can Bitcoin close the week above US$29,300?
    Bitcoin briefly rose above US$30,000 twice this week, but failed to remain the support level despite positive catalysts in the industry like the launch of PayPal’s new stablecoin. Bitcoin will have to close the week above US$29,300 for upward momentum, industry experts told Forkast.  ( 33 min )
    Dow Jones Futures: Inflation Data Due After Market Rebound Fizzles; China Stocks Slide
    No content preview
    AMC names Copaken to lead the theater chain giant’s marketing
    A #KansasCity executive with a familiar name will lead #AMCTheatres marketing efforts.  ( 10 min )
    Millennials Hit The Jackpot On 10 Stocks — Nvidia Is Just One
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Analyst Report: Herbalife Nutrition Ltd
    No content preview
    Analyst Report: Danaher Corp.
    No content preview
    Analyst Report: Hershey Company
    No content preview
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Market Digest: ADTN, DHR, HLF, HSY, WYNN, TWLO
    No content preview
    Daily – Vickers Top Insider Picks for 08/11/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/11/2023
    No content preview
    Stocks trade muted in wait for fresh inflation data: Stock market news today
    Stock futures wavered around the flatline on Friday, as markets waited for fresh inflation data to provide insight into the Fed's next move.  ( 32 min )
    BYD calls on China automakers to unite, 'demolish the old' in global push
    No content preview
    Rising oil prices are about to become a problem for the stock market: Morning Brief
    While investors may be cheering a benign report, there are signs that the volatile energy components are inflecting again.  ( 32 min )
    Here’s What a $5 Million Retirement Looks Like in America
    Retirees open up about their financial lives and how they spend their time and money.  ( 23 min )
    Alphabet’s $118 Billion Cash Pile Poses a New Problem
    (Bloomberg) -- Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash. Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadThe Google owner generated nearly $2  ( 33 min )
    Alphabet, GM Get Green Light for Robotaxis in San Francisco. It’s a Big Tech Win in California.
    The California Public Utilities Commission voted to allow GM's Cruise and Google's Waymo to offer paid rides in driverless vehicles across the city at all hours of the day with an unlimited number of vehicles.  ( 26 min )
    Stock Futures Edge Lower as Investors Weigh the Fed’s Next Move
    U.S. stock futures edged lower Friday as investors continued to digest July’s CPI data, while looking ahead to wholesale price inflation data Friday. Dow Jones Industrial Average futures fell 30 points, or 0.1%, S&P 500 futures were down 0.2% and Nasdaq 100 futures declined 0.3%. All three indexes  ( 13 min )
    UBS Sheds Swiss Government Aid for Credit Suisse Takeover
    The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines.  ( 27 min )
    BofA Says Investors Flock to Cash; Treasuries Track Record Flows
    (Bloomberg) -- Investors piled into cash and bonds while pulling money out of the US stock market in recent days, according to Bank of America Corp. strategists.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldEcuador Presidential Candidate Assassinated, Suspect Shot DeadCash funds  ( 31 min )
    European Stocks Drop as China, Fed Talk Sour Mood: Markets Wrap
    (Bloomberg) -- Declines for Chinese technology companies weighed on Asian equities while US futures edged higher and the dollar clung to a Thursday rally.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy Paid Just $1 to Buy Barstool Sports BackMainland China and Hong Kon  ( 33 min )
    Matrixport's Bitcoin Greed and Fear Index Indicates Upswing Ahead
    No content preview
    ChatGPT fever spreads to US workplace, sounding alarm for some
    No content preview
    The Fed may be done hiking rates but there's another policy move that still poses a big risk to stocks
    "When [Fed] reserves have been declining by more than $38 billion over the past four weeks, stocks have struggled," Ned Davis Research said.  ( 31 min )
    Gold stays near 1-month lows as US dollar, yields hold ground
    (Reuters) -Gold prices held near one-month lows on Friday, shrugging off cooler-than-expected U.S. inflation figures for last month, with bullion staying on course to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong. Spot gold edged 0.1% higher to $1,913.95 per ounce by 0347 GMT, but traded near its lowest level since July 7 touched earlier in the day. Gold gained as much as 0.8% on Thursday after data showed the U.S. consumer price index (CPI) climbed 3.2% on an annual basis, but was less than the Reuters poll forecast of 3.3%, raising bets that the U.S. central bank will unlikely hike interest rates again in 2023.  ( 31 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Too Cheap to Ignore
    Who doesn’t love a bargain? Buying quality for a low price is one of the thrills of the market system – and that applies to stock markets as well. The trick is knowing which rock-bottom stocks are the right ones to buy. Plenty of stocks are priced low, and bargain-hunting investors need to find the ones whose fundamentals are sound. The sheer volume of stocks, and the reams of data they produce, makes that difficult – but Wall Street analysts make their living by taking deep dives behind the sce  ( 34 min )
    Full-time UPS drivers will earn $170,000 a year, on average, in new contract, CEO says
    No content preview
    Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further
    Russia's currency has plunged to its lowest level against the dollar since the Ukraine invasion, blowing past the Kremlin's "comfort zone."  ( 31 min )
  • Open

    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 1 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 1 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 1 min )
  • Open

    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 1 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 1 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 1 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 1 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 1 min )
  • Open

    Schuldzaken tegen Big Bazar nemen toe
    Het aantal schuldzaken tegen discounter Big Bazar neemt toe. Directeur Joost Konings van Invorderingsbedrijf Amsterdam meldt dat er inmiddels tien lopende dossiers in behandeling zijn. De totale vorderingen tegen Big Bazar gaan richting de 430.000 euro.  ( 3 min )
    Na Unilever en Bonduelle ook Bacardi op Oekraïense lijst van oorlogssponsors
    Drankenproducent Bacardi staat op een Oekraïense lijst van zogenoemde oorlogssponsors, waarmee Oekraïners aandacht vragen voor bedrijven die zakendoen in Rusland. Het agentschap achter de lijst stelt dat Bacardi misbruik maakt van het vertrek van concurrenten.  ( 3 min )
    Rusland verdient meer aan olie vanwege hogere prijzen
    Rusland heeft afgelopen maand meer verdiend met de export van olie doordat Moskou de prijzen heeft verhoogd.  ( 3 min )
    Britse economie groeit verrassend, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk is het afgelopen kwartaal onverwachts 0,2 procent gegroeid. Het is de grootste groei in meer dan een jaar.  ( 3 min )
    Britse economie groeit, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk groeide onverwachts 0,2 procent in het afgelopen kwartaal, laat het nationale Britse statistiekbureau weten. Dat is de grootste groei in meer dan een jaar.  ( 3 min )
    Nederlands internetknooppunt verlaagt stroomgebruik datacenter met 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 3 min )
    Internetknooppunt AMS-IX verlaagt stroomgebruik datacenter met liefst 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 4 min )
    De Volksbank riskeert boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 4 min )
    X (Twitter) zet met videobellen en geld overmaken eerste stap naar allesapp
    Eigenaar Elon Musk wil van Twitter (inmiddels bekend als X) een allesapp gaan maken. Daarom kunnen gebruikers binnenkort videobellen en geld naar elkaar overmaken.  ( 4 min )
    Aantal faillissementen nam in juli weer af na maanden van stijging
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging in de drie maanden daarvoor alleen maar was gestegen.  ( 3 min )
    De Volksbank krijgt boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 3 min )
    Aantal faillissementen neemt in juli weer af
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging de afgelopen drie maanden alleen maar steeg. Dat meldt statistiekbureau CBS.  ( 3 min )
    NU+ | Magere spaarrente terwijl banken megawinsten boeken? Zo krijg je meer
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Hogere spaarrente? Zoek het over de grens of zet je geld vast
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Voor hogere spaarrente moet je het over de grens zoeken of geld vastzetten
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )

  • Open

    Cooperation Clause Definition
    The cooperation clause in an insurance contract requires the policyholder to assist the insurer in the event a claim is filed against the policy.  ( 20 min )
    Real Estate Agents Can Help to Find Rental Property
    Real estate agents are a resource when searching for a rental property and may provide negotiating power when signing a lease.  ( 21 min )
    Gary S. Becker Bio
    Gary S. Becker was an American economist who won the 1992 Nobel Prize for his microeconomic analysis of the economic aspects of human decision-making.  ( 19 min )
    6 Tips for Renting an Apartment
    Six tips can help you find the apartment that meets your needs at the best price.  ( 20 min )
    How to Apply for a Parent PLUS Loan in 2023
    Parent PLUS loans allow parents to borrow money to help pay for their children’s education. Here’s everything you need to know to apply.  ( 20 min )
    Supreme Court Will Decide Fate Of Purdue Opioid Crisis Settlement
    The Supreme Court will decide whether the Sackler family, and the pharmaceutical company they own, Purdue Pharma, will be allowed to pay $6 billion to avoid future liability for their role in causing the opioid crisis.  ( 16 min )
    Life Insurance Replacement: Rules, Laws, and Regulations
    When replacing a life insurance policy, a lot can go wrong for the consumer. Find out how life insurance replacements are regulated by the states.  ( 21 min )
    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
    The S&P 500 was little changed with a small gain of 0.03% on Thursday, Aug. 10, 2023 after a report on consumer prices showed inflation rose less than expected last month.  ( 17 min )
    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 21 min )
    Consequential Loss: Definition, Insurance, Vs. Direct Loss
    A consequential loss is an insurance term for an income hit caused by a business's inability to use damaged property or equipment as usual.  ( 21 min )
    Global Rice Prices Hit 12-Year High Last Month Following Indian Ban of Rice Exports
    Global rice prices hit a 12-year high in July, the United Nations' Food and Agriculture Organization (FAO) said in a report, which could exacerbate global food insecurity.  ( 18 min )
    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 19 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Ralph Lauren Warns Americans Are Cutting Back on Discretionary Spending
    Shares of Ralph Lauren lost ground after the fashion clothing company warned American consumers are cutting back on discretionary spending.  ( 17 min )
    What Is a Debt Security? Definition, Types, and How to Invest
    A debt security is a debt instrument that has its basic terms, such as its notional amount, interest rate, and maturity date, set out in its contract.  ( 23 min )
    Foreclosure Filings Fell in July From June, as Completed Repossessions Rose
    Maryland, New Jersey, Delaware led the nation in foreclosure filings in July.  ( 18 min )
    A Review of Past Recessions
    Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.  ( 32 min )
    Producer Prices are the Canary in the Coal Mine for Consumers and the Fed
    The Fed views the Producer Price Index as a forerunner of consumer inflation. Rising prices at the production level are typically passed on to consumers at the retail level on a time lag.  ( 18 min )
    Return on Policyholder Surplus Definition
    Return on policyholder surplus is the ratio of an insurance company’s net income to its policyholder surplus.  ( 19 min )
    Developed to Net Premiums Earned Definition
    Developed to net premiums earned is the ratio of developed premiums to net premiums earned over a given time period.  ( 19 min )
    Your July Grocery List Ranked by Inflation
    Throwing some burgers and hot dogs on the grill in July put a bigger dent in your budget than it did the month before, while prices for some other foods have gone down.  ( 18 min )
    Paying for a New Car Now Costs More Than Ever
    Amid surging prices and higher loan rates, paying for a new car costs more than ever—and owning a home and a new car now eats almost half of the typical American's budget.  ( 20 min )
    Bare Walls Coverage
    Bare walls coverage is a type of insurance coverage that applies to communally used features in residential multi-family buildings.  ( 18 min )
    How to Find a Financial Advisor or Planner at Any Age
    As you age, saving and investing become higher priorities. Read about finding the best financial professional for your current stage in life.  ( 25 min )
    The S.C. Johnson Graduate School of Management: Overview
    The Samuel Curtis Johnson Graduate School of Management is a graduate business school based at Cornell University in Ithaca, New York.  ( 20 min )
    Valuation Clause Definition
    A valuation clause is a provision in an insurance policy specifying the amount the policyholder will receive if a covered hazard event occurs.  ( 23 min )
    Bond Rating Agencies: Overview, Benefits, and Criticisms
    Bond rating agencies are companies that assess the creditworthiness of both debt securities and their issuers. Discover more about them here.  ( 25 min )
    AppLovin Beats Profit, Sales Forecasts on Demand for its Updated AI Engine
    Shares of AppLovin (APP) jumped as the artificial intelligence (AI)-based mobile marketing platform reported better-than-expected results amid soaring demand for all things AI.  ( 16 min )
    Markets Advanced at Midday as Consumer Inflation Rose Less Than Expected
    U.S. equities gained at midday on Thursday, Aug. 10, 2023 after the Labor Department reported consumer prices increased less than expected in July.  ( 16 min )
    Novo Nordisk Boosts Guidance as Sales of Weight-Loss Drug Wegovy Soar
    Novo Nordisk raised its outlook as revenue from its popular weight-loss treatment, Wegovy, skyrocketed.  ( 17 min )
    Bank of America Savings Account Interest Rates: August 2023
    Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 21 min )
    Barclays Savings Account Interest Rates: August 2023
    Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.  ( 20 min )
    Chase Savings Account Interest Rates: August 2023
    Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 19 min )
    Bernie Sanders' Economic Plan: A Second Bill of Rights
    Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.  ( 32 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 17 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 17 min )
    Rent-to-Own Car: How the Process Works
    Rent-to-own policies can help you afford a car if you have poor or no credit. Learn how the process works, how your credit plays a role, and about other options.  ( 24 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 16 min )
    Mortgage Rates Inch Up, Halting Three-Day Slide
    Rates on 30-year mortgages climbed slightly, ending a three-day slide that had lowered the average almost a quarter percentage point. All other averages were up or held steady.  ( 20 min )
    Inflation Cooled In July, Despite Uptick In Year-Over-Year Rate to 3.2%
    Inflation is continuing to cool down, though you might not think it from the 12-month inflation rate.  ( 18 min )
    Almost Every Mortgage Average Drops for a Third Day
    Rates on 30-year mortgages have sunk almost a quarter percentage point over the past three days, with the averages on almost every other loan type dropping as well.  ( 21 min )
    Contempt of Court: Definition, Essential Elements, and Example
    Contempt of court is an act of disrespect or disobedience toward a court or interference with its orderly process.  ( 23 min )
    GRE vs. GMAT: What's the Difference?
    In prior years, those applying to an MBA program had to take the GMAT exam. Today, a growing number of universities accept the GRE as well.  ( 25 min )
    Money Market Account vs. Money Market Fund: What’s the Difference?
    Money market accounts have some similarities and differences when compared with money market funds. Learn more about how the two accounts compare.  ( 25 min )
    Currency Trading Platform Defintion
    A currency or forex trading platform is a type of trading platform used to help currency traders with forex trading analysis and trade execution.  ( 22 min )
    Attending College in Europe or Abroad
    When deciding whether to get a degree abroad, research and talk to alumni who have completed the same program.  ( 21 min )
    Bayes' Theorem: What It Is, Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 26 min )
    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    The Consolidated Appropriations Act of 2021: What's in It, What's Not
    This $900 billion COVID-19 stimulus bill included $600 direct individual payments, $300/week unemployment benefits, and more. See how it compares to other legislation.  ( 28 min )
    Disney's Subscriber Woes, Restructuring Costs Weigh Heavy Amid Mixed Earnings
    Walt Disney and Co. lost about 12 million Disney+ streaming subscribers, took a big hit due to restructuring costs, and missed revenue projections, but its third-quarter earnings per share beat analysts' expectations.  ( 19 min )
    5 Things to Know Before Markets Open
    Inflation is expected to move higher in July and Disney shares are rising after it announced it would lift prices for its streaming services. Here’s what investors need to know today.  ( 18 min )
    Manhattan, Queens, Brooklyn Rents Rose to Records in July
    With home prices and borrowing costs increasingly out of reach, the ranks of renters continues to grow in NYC, the country's biggest rental city.  ( 18 min )
    Consumer Discretionary Sector: Industries Snapshot
    Discover the consumer discretionary sector, industries within this sector and companies producing goods that fall under the consumer discretionary definition.  ( 21 min )
    What Causes a Recession?
    A recession, or a decline in economic activity lasting several months, is usually caused by events such as a financial crisis or supply chain disruption. Learn more.  ( 27 min )
    Find Your Niche Financial Advisory Market
    Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )
    Unauthorized Insurer Definition
    The term “unauthorized insurer” refers to a fraudulent business that is posing as a legitimate insurance company.  ( 18 min )
    The Law of Supply Explained, With the Curve, Types, and Examples
    The law of supply in economics states that as the price of a good or service increases, the quantity of goods or services increases and vice versa. Learn more.  ( 26 min )
    Carmack Amendment: What it is, How it Works
    The Carmack Amendment amends the Interstate Commerce Act of 1877 and limits the liabilities of carriers to loss or damage of the property itself.  ( 19 min )
    Should You Head Back to Business School?
    Business school can have a lasting impact on your career, but is an MBA right for you? Learn what to consider before deciding to go back to school.  ( 23 min )
    Who Is Kenneth I. Chenault? Who Is the CEO for American Express?
    Kenneth I. Chenault is a former chair and CEO of American Express  ( 21 min )
    Insurance, Excess Insurance, and Reinsurance
    Understanding the differences between insurance, excess insurance, and reinsurance might help you avoid being overinsured or underinsured.  ( 21 min )
    What Is an Affidavit of Title? Definition, Purposes, Contents
    An affidavit of title is a document provided by the seller of real estate showing the status of the property, including ownership and legal issues.  ( 23 min )
  • Open

    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 1 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 1 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 1 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 1 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 1 min )
    Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
    The Supreme Court dealt a setback to video game publisher Epic in its battle against Apple over how the iPhone giant treats developers that sell programs on the App store.  ( 1 min )
    Rivian Reduces Per-Unit Losses on the Road to Profitability
    Electric vehicle (EV) maker Rivian Automotive keeps losing money on every vehicle it makes, but losses have narrowed and the company expects profitability by the end of 2024.  ( 1 min )
  • Open

    Lidar Is Coming of Age. Investors Can Begin to Compare the Companies.
    "There's no rule that everybody has to win," the CEO of Ouster said as the company reported its second-quarter results.  ( 26 min )
    Tapestry stock dives while Capri skyrockets as investors question mega merger
    The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.  ( 33 min )
    Ford, GM Stocks Tank. It Has to Do With Car Prices.
    New- and used-car prices fell in July, easing some pain for U.S. consumers. Yet prices for insurance, repair, and other services continued to march higher.  ( 26 min )
    Dow Jones Closes Near Session Low; Cathie Wood Loads Up On This Stock Despite 23% Plunge
    No content preview
    US 30-Year Treasury Auction Signals Weak Demand to Wrap Up Week of Big Sales
    No content preview
    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 20 min )
    Brace for stocks and home prices to drop — and the US economy's 'trampoline landing' to end next year, strategist warns
    StoneX's Vincent Deluard sees investors swapping stocks for bonds, reluctant sellers eventually listing their homes, and the economic rebound fading.  ( 31 min )
    Meta spends $14 million on Mark Zuckerberg’s security, and Tesla is ‘highly dependent’ on Elon Musk—but no one can actually stop them from maiming each other in a cage
    No content preview
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Stocks close higher after inflation data, Disney pops: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    Many workers facing a layoff would accept a 25% pay cut to keep their jobs—but 97% of bosses don’t even ask. Even the researchers are stumped why
    No content preview
    How To Invest: Nvidia, Tesla Reveal 3-Step Routine For Bull And Bear Markets
    No content preview
    Guggenheim CIO Says Credit Market Is ‘Next Shoe to Drop’
    No content preview
    Yellow employees getting paid a day late; $92.9M in vacation time in limbo
    No content preview
    General Electric Stock Could Continue Higher
    GE pulled back to a historically bullish trendline on the charts  ( 31 min )
    UPS drivers to make $170,000 in pay and benefits following union win
    No content preview
    ‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes
    No content preview
    Dow inches up as inflation trends stay positive: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    China's heading for another real estate crisis — but it's on a whole different scale than what it's seen before
    China's property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.  ( 34 min )
    Forward Air merges with Omni Logistics, will target expedited LTL
    Forward Air announced Thursday it will merge with asset-light logistics peer Omni Logistics. The post Forward Air merges with Omni Logistics, will target expedited LTL appeared first on FreightWaves.  ( 33 min )
    Tesla Stock Is Up. X CEO Linda Yaccarino Is Helping.
    Linda Yaccarino, CEO of the former Twitter, says she has the authority to run Elon Musk's social-media company. Investors see Musk spending more time and attention to Tesla.  ( 26 min )
    Analyst Report: Avalonbay Communities Inc.
    No content preview
    Market Update: AVB, BP
    No content preview
    WeWork Stock Rockets Higher
    Shares of WeWork, the distressed co-working space provider, soared 67% in recent trading. It's not the first time this month shares of a troubled company are soaring for no obvious reason. Companies from Tupperware to Yellow have jumped out of the blue in recent weeks. In case you missed the memo—  ( 21 min )
    Is Rivian Stock A Buy Or A Sell With This Tesla Bull Saying It's A 'Core EV Player'?
    No content preview
    Amazon scraps several private label clothing brands - source
    No content preview
    ‘Load Up,’ Says J.P. Morgan About These 2 ‘Strong Buy’ Stocks
    No content preview
    Gen Z and millennials are outpacing older generations in 401(k) contributions because they’re so worried they’ll never be able to retire
    No content preview
    Verizon signs technology deal with HCLTech
    No content preview
    Baby Boomers Are Hitting Peak 65. What It Means For Retirement Planning.
    No content preview
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 18 min )
    Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
    No content preview
    Campbell Soup CEO vows he won’t change Rao’s recipe after $2.7 billion acquisition
    Campbell Soup CEO Mark Clouse addresses one big social media concern about his $2.7 billion deal for pasta sauce maker Rao's.  ( 32 min )
    Offshore Drilling Firm With 750% Growth Pumps Up A Breakout
    No content preview
    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    Why PayPal's stablecoin launch is getting lots of attention
    PayPal's stablecoin stands out because it's not just "more crypto for crypto," one expert wrote in CoinDesk.  ( 12 min )
    As DKNG Stock Tumbles, Consider This Bearish Option Strategy
    No content preview
    Penn downgraded, Roblox upgraded: Wall Street's top analyst calls
    Penn downgraded, Roblox upgraded: Wall Street's top analyst calls  ( 33 min )
    ‘The Lidar Sector Has Hit Rock Bottom’: Analyst Expects Big Comeback for These 2 Lidar Stocks Under $10
    The auto industry is changing in a multitude of ways. Electric powertrains are challenging the traditional combustion engine, and other technologies, such as mobile wireless connectivity and artificial intelligence, are bringing a sea change to the way we drive. New opportunities are opening for investors in these emerging technologies. These aren’t going to be risk-free choices – remember how many car companies popped up in the 1920s and ‘30s before Detroit stabilized with the Big Three – so th  ( 34 min )
    Traders bet Fed rate hikes are over, cuts to start in 2024
    Federal Reserve policymakers are unlikely to raise interest rates again in 2023 and will probably start cutting them early next year, traders bet on Thursday, after a U.S. government report showed consumer prices rose only moderately last month. Traders of futures tied to the Fed's policy rate now see less than a 10% chance that the U.S. central bank will increase its benchmark overnight interest rate from its current 5.25%-5.50% range at a Sept. 19-20 policy meeting. They had seen about a 14% chance of a rate hike next month before the Labor Department report showed the July consumer price index (CPI) rose 3.2% from a year ago, following a 3% year-over-year increase in June.  ( 30 min )
    There Are 4 Retirement Withdrawal Strategies. Which Is Best For You?
    No content preview
    Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion?
    No content preview
    Stocks climb as inflation ticks up but trends stay positive: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 31 min )
    Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy
    If you're planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you've got a lot of company. And why not? The idea that your 401(k) or traditional IRA can keep growing and churning out … Continue reading → The post Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy appeared first on SmartAsset Blog.  ( 32 min )
    You Need to Be This Rich to Make Wealth Management Worth It
    Wealth managers help set and reach goals for financial needs. Here's a breakdown of wealth management services and examples of when you will need them.  ( 32 min )
    Ryan Reynolds Sold His Company For $1.3 Billion; Now He's Investing In Something He Knows Nothing About
    Acclaimed Hollywood A-lister Ryan Reynolds has proven himself to be more than just an entertainer, delving into the world of investments with remarkable success. Despite his humble admission of not being an investing wizard, Reynolds has accumulated millions of dollars through well-timed business bets in recent years. In a recent appearance on CNBC’s "Squawk Box", Reynolds discussed his latest investment venture: Canadian financial technology (fintech) company Nuvei. See more on startup investin  ( 32 min )
    Retirement Taxes too High? Try These 5 Smart Ways to Reduce Tax Liability in Retirement
    If you're approaching retirement age, you have a lot to think about. Focusing on limiting your tax liability can be especially valuable. After all, the more taxes you pay in retirement, the less money you'll have to live off. If … Continue reading → The post 5 Ways to Reduce Tax Liability in Retirement appeared first on SmartAsset Blog.  ( 33 min )
    Novo Nordisk Skids As Massive Sales Growth Misses Even More Bullish Forecasts
    No content preview
    US inflation rises for first time in 13 months - latest updates
    Wilko, the high street discount chain, has plunged into administration, putting 12,000 jobs at risk after it failed to secure a rescue deal.  ( 44 min )
    Stock futures climb as inflation slowdown pauses: Stock market news today
    Stock futures rose Thursday as the July US inflation report showed prices increased more than in June, crucial to the Federal Reserve's decision making about when to pull back on hiking interest rates.  ( 31 min )
    SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport
    If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.  ( 31 min )
    Dow Jones Futures Rally 250 Points After Cool CPI Inflation Data; Disney Rises On Price Hikes
    No content preview
    Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls
    July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.  ( 30 min )
    OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
    (Bloomberg) -- Global oil markets are on track for a sharp supply deficit of more than 2 million barrels a day this quarter as Saudi Arabia slashes production, OPEC data indicate.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, China Property Tycoon  ( 32 min )
    Wolverine Worldwide CEO Brendan Hoffman Suddenly Exits, Christopher Hufnagel Steps Into Top Role
    Hoffman was named CEO at the end of 2021.  ( 31 min )
    Plug Power Sales Beat Expectations, the Stock Is Tanking. Here’s Why.
    The hydrogen technology company posted a second-quarter loss of 40 cents a share. Wall Street was looking for a 27-cent loss. But its likely another factor that's driving the shares lower.  ( 26 min )
    13 Tempting Bond Funds Pay Even More Than 7% CDs
    No content preview
    The head of one of the biggest property developers in China was once Asia's richest woman. But her wealth has plunged by 84% since mid-2021 — and now her company's teetering on the brink of a crisis.
    No content preview
    Wall Street keeps pushing to end WFH, but their own senior staff would rather quit than comply
    Banking sector CEOs have been among the pushiest when it comes to ending hybrid work. But new data shows two-thirds of their top level execs would likely resign if they were forced to return to the office.  ( 31 min )
    Virgin Galactic Goes to the Edge of Space Today. Watch It Here.
    Virgin Galactic stock is rising ahead of the company's second commercial flight, slated for August 10. The Livestream of the event starts at 11 a.m. Eastern time.  ( 26 min )
    Analyst Report: Suburban Propane Partners L P
    No content preview
    Analyst Report: American Intl Grp In
    No content preview
    Daily Spotlight: Insiders Wobble, but They Don't Fall Down
    No content preview
    Market Digest: AIG, CAKE, KMB, SPH, VSH, PM, CHTR, DKNG
    No content preview
    Coach's parent Tapestry is spending $8.5 billion to buy the owner of Michael Kors
    A big deal in the luxury goods space.  ( 31 min )
    Buy Li Auto Stock, Sell XPeng. China EV Earnings Matter.
    The Chinese EV market is maturing. As it does, investors will be looking for earnings when they evaluate shares.  ( 26 min )
    Alibaba Stock Jumps On Bullish Fiscal Q1 Results , But Is BABA Stock A Buy Now?
    No content preview
    Applovin Stock Surges as Earnings Beat Driven by AI Engine
    Applovin guides for third-quarter sales of $780 million to $800 million, higher than analysts' expectations.  ( 26 min )
    Alibaba’s Revenue Beat Estimates in First Step of Comeback
    (Bloomberg) -- Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step for a national icon trying to revive its business in a volatile economy.Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woma  ( 32 min )
    Stock futures climb ahead of crucial July CPI data: Stock market news today
    Stock futures rose Thursday ahead of the release of the July US inflation report, crucial to the Federal Reserve's decision making about when to pull back on hiking interest rates.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/10/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 08/10/2023
    No content preview
    Alibaba beats quarterly revenue estimates
    China's Alibaba Group Holding reported first-quarter revenue on Thursday that beat analysts' estimates as consumer sentiment bounced back from the same time a year earlier when there were strict pandemic-related lockdowns. The company posted revenue of 234.16 billion yuan ($32.29 billion) in the quarter, compared with analysts' estimates of 224.92 billion yuan, according to Refinitiv data. (1 Chinese yuan renminbi = $0.1387)  ( 30 min )
    Disney Stock Is Rising. Potential Spinoffs Are in the Spotlight.
    CEO Bob Iger said on the company's earnings call that it is considering strategic options for its linear TV channels.  ( 26 min )
    Ozempic and Wegovy Demand Has Drugmaker Novo Struggling to Keep Up
    (Bloomberg) -- Novo Nordisk A/S said the supply of its blockbuster obesity medicine Wegovy will continue to be restricted in the US as the drugmaker struggles to expand production. Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, China Property Tyco  ( 32 min )
    These Stocks Are Moving the Most Today: Disney, Capri, Applovin, Plug Power, Wynn, Alibaba, and More
    Walt Disney trades higher after the entertainment giant says it will be raising prices for its streaming services, a report says Tapestry is in talks to acquire Capri, the parent company of Michael Kors, Jimmy Choo and Versace, and Applovin stock surges after the software company swings to a second-quarter profit.  ( 27 min )
    Analysis-ECB is on back foot and for once it's down to Germany
    The European Central Bank is on the back foot again and this time the bad news doesn't come from Greece, Italy or any of the usual suspects in the bloc's poorer south. The club's biggest member and supposed powerhouse, Germany, has been hit by a toxic mix of weak trading with key partner China, a slump in its large manufacturing and construction sectors and even some existential questions about a business model predicated on cheap fuel from Russia. Trouble in Germany is hobbling growth in the euro zone as a whole and threatening to push it into a recession, rather than the "soft landing" of moderate growth and inflation that the ECB had pencilled in and the United States is still hopeful of achieving.  ( 32 min )
    A Week of 1% Moves on the S&P 500 Could Trigger Forced Selling
    (Bloomberg) -- It could take just a 1% move in the S&P 500 — up or down — every day for a week for the rally in US stocks to come under significant pressure.Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, China Property Tycoon Loses More Wealth Tha  ( 32 min )
    Stocks Gain Before US CPI Data; Gas Prices Climb: Markets Wrap
    (Bloomberg) -- Equity markets in Asia fluctuated Thursday following a tech-led sell-off on Wall Street as investors await US monthly inflation data that will help shape the outlook for the Federal Reserve’s next steps.Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingRetirees Face $17,400 Cut to Social Security Benefits in 2033Everyone Wants to Work at UPS After Teamsters DealTycoon Wh  ( 33 min )
    Novo Nordisk hikes FY outlook, keeps curb on US supply as demand for Wegovy soars
    Danish drugmaker Novo Nordisk on Thursday raised its full-year profit and sales forecast for a second time, but said it would continue to restrict U.S. supplies of starter doses of its hugely popular Wegovy weight-loss drug. Novo Nordisk, Europe's second most-valuable listed company after LVMH, is riding on a wave of sky-high demand for its highly effective diabetes and weight-loss drugs Ozempic and Wegovy, which has sent its earnings and shares to record highs this year.  ( 31 min )
    India central bank to withdraw 1 trln rupees via incremental CRR
    The Reserve Bank of India (RBI) on Thursday asked banks to set aside a larger part of incremental deposits under cash reserve ratio (CRR) to tighten liquidity in the near term. Banks shall maintain an incremental CRR of 10% on increase in deposits between May 19 and July 28, with effect from the fortnight starting Aug. 12, RBI Governor Shaktikanta Das said in his monetary policy announcement. Das however added that the measure was temporary to absorb liquidity generated by a return of high denomination notes, a move that was announced by the RBI in mid-May.  ( 30 min )
    6 Real Estate Stocks With Juicy Yields—and Good Prospects
    It still makes sense for long-term investors to own REITs with solid balance sheets in good real estate sectors, such as Kimco Realty, BXP, and VICI Properties.  ( 26 min )
    Want to Make $1,000 in 2 Weeks? Buy 99 Shares of J&J Stock.
    Holders of odd lots under 100 shares should come out ahead after J&J splits off its Kenvue unit.  ( 26 min )
    US Consumer Prices Data Set to Show ‘Wave of Disinflation’
    (Bloomberg) -- A monthly report on US consumer prices due Thursday is set to show a second straight reading for so-called core inflation that is consistent with the Federal Reserve’s 2% target on an annualized basis, according to Bloomberg Economics.Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingRetirees Face $17,400 Cut to Social Security Benefits in 2033Everyone Wants to Work at U  ( 30 min )
    Coach Owner Near Deal to Take Over Parent of Michael Kors, Versace
    The deal would be one of the biggest fashion tie-ups in recent years.  ( 28 min )
    Biotech firm Amyris files for bankruptcy in US
    Amyris said it has secured a $190 million financing commitment to support day-to-day operations, adding that its entities outside the U.S. are not included in the bankruptcy proceedings. In a filing with the Delaware bankruptcy court, the company listed estimated assets in the range of $500 million to $1 billion and liabilities in the range of $1 billon to $10 billion. "Restructuring is intended to improve the Company's cost structure, capital structure, and liquidity position while streamlining Amyris' business portfolio to focus on its core competencies in R&D...," the company said.  ( 31 min )
    Alibaba’s Options Signal Rising Optimism Ahead of Earnings
    (Bloomberg) -- Alibaba Group Holding Ltd.’s options are flashing positive signs ahead of the Chinese tech company’s June quarter results.Most Read from BloombergFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Villavicencio AssassinatedStock Traders Shun Risk in Run-Up to Key CPI Test: Markets WrapAs of Tuesday’s close, a bullish  ( 31 min )
    Seeking up to 8% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The strong year-to-date gains in the stock market are impossible to deny, but August’s losses serve as a reminder that investors need to have a cautionary plan for tougher times. Furthermore, according to strategists from JPMorgan and Wells Fargo, these challenging times may be closer than we think. The gains have largely been powered by the AI boom in tech – and that has led to an unstable situation, with rising stock indexes resting on a narrow base. According to JPMorgan’s Chief Global Market  ( 34 min )
    Yellow Expects to Pay Back Private, Government Loans in Bankruptcy
    Bankrupt trucking giant Yellow said it has enough real estate and equipment it can sell to cover $1.2 billion it borrowed from the U.S. government and private lenders led by Apollo Global Management.  ( 28 min )
    Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets
    No content preview
  • Open

    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
    The S&P 500 was little changed with a small gain of 0.03% on Thursday, Aug. 10, 2023 after a report on consumer prices showed inflation rose less than expected last month.  ( 1 min )
    Markets Advanced at Midday as Consumer Inflation Rose Less Than Expected
    U.S. equities gained at midday on Thursday, Aug. 10, 2023 after the Labor Department reported consumer prices increased less than expected in July.  ( 1 min )
    5 Things to Know Before Markets Open
    Inflation is expected to move higher in July and Disney shares are rising after it announced it would lift prices for its streaming services. Here’s what investors need to know today.  ( 1 min )
  • Open

    Rabobank-klanten konden niet bij hun rekening vanwege storing
    Een storing bij Rabobank zorgde er dinsdag voor dat klanten urenlang hun geldzaken niet konden regelen. De problemen deden zich voor op de website en in de app van Rabobank, maar zijn inmiddels opgelost.  ( 3 min )
    Moederbedrijf Michael Kors en Versace switcht voor miljarden van eigenaar
    Modebedrijf Tapestry neemt Capri Holdings over. Het concern betaalt 8,5 miljard dollar voor het moederbedrijf van Michael Kors, Jimmy Choo en Versace.  ( 3 min )
    Chinezen kunnen weer op groepsreis naar Zaanse Schans en Van Gogh Museum
    Chinese reisbureaus mogen voor het eerst sinds de coronapandemie weer reizen naar Nederland en bijna zeventig andere landen aanbieden. Internationale groepsreizen waren al enige tijd toegestaan, maar alleen naar een beperkt aantal landen.  ( 3 min )
    Kinderopvangtoeslag is 'Russisch roulette' voor mensen met kanker
    Als je niet werkt omdat je kanker hebt, krijg je geen kinderopvangtoeslag van de Belastingdienst. Net als bij thuiszorg kan de gemeente dan hulp bieden. Maar die lokale aanpak zorgen voor onbegrijpelijke verschillen, zeggen gedupeerden tegen NU.nl.  ( 9 min )
    Rabobank-klanten kunnen niet bij hun rekening vanwege storing
    Een storing bij Rabobank zorgt ervoor dat klanten op dit moment hun geldzaken niet kunnen regelen. De problemen doen zich voor op de website en in de app van Rabobank.  ( 3 min )
    NS blijft verlies lijden doordat treinen leger zijn dan voor corona
    De NS heeft ook in het eerste half jaar van 2023 verlies geleden. Het bedrijf heeft niet genoeg treinkaartjes verkocht om alle kosten te dekken. "We hebben nog altijd fors minder reizigers dan voor corona", zegt NS-topman Wouter Koolmees.  ( 3 min )
    X (Twitter) werkt niet mee met onderzoek naar Trump en moet dwangsom betalen
    Twitter (inmiddels bekend als X) moet een dwangsom van 350.000 dollar (ruim 317.000 euro) betalen. Het bedrijf van Elon Musk werkte niet op tijd mee aan een onderzoek naar de Amerikaanse oud-president Donald Trump.  ( 4 min )
    Duikvlucht Russische roebel even voorbij na ingreep centrale bank
    De waarde van de roebel heeft deze week het laagste niveau bereikt in zestien maanden. Voor 1 euro betalen Russen nu 106 roebel. De lange daling lijkt even voorbij nu de Russische centrale bank ingrijpt.  ( 3 min )
    Omwonenden Tata Steel gaan in hoger beroep in zaak om schonere lucht
    De omwonenden van Tata Steel die naar de rechter stapten voor strengere eisen aan het staalbedrijf gaan in hoger beroep.  ( 4 min )
    Radboudumc leert AI zeldzame syndromen te herkennen met een gezichtsscan
    Het Radboudumc in Nijmegen is erin geslaagd zeldzame syndromen te herkennen met een gezichtsscan. De techniek moet artsen wereldwijd gaan helpen zeldzame afwijkingen te herkennen en de juiste diagnose te stellen.  ( 4 min )
    Ook streamingdienst Disney+ gaat het delen van wachtwoorden aanpakken
    Disney+-abonnees kunnen binnenkort mogelijk niet meer hun wachtwoord met bekenden delen. In navolging van Netflix wil ook Disney beginnen met handhaven.  ( 4 min )
    Klanten HelloFresh bezuinigen op maaltijdboxen vanwege hoge inflatie
    Maaltijdboxbezorger HelloFresh ziet het aantal bestellingen teruglopen door bespaarzucht van consumenten. In het tweede kwartaal van dit jaar nam het aantal actieve klanten wereldwijd met bijna 9 procent af. Volgens HelloFresh komt dat door de hoge inflatie.  ( 3 min )
    Na ING en ABN AMRO verdubbelt ook Rabobank winst door hogere rente
    Rabobank heeft in de eerste helft van 2023 zijn nettowinst bijna verdubbeld. De bank maakte 2,5 miljard euro winst, tegen 1,3 miljard euro in dezelfde periode vorig jaar. Dat kwam vooral door een grote stijging van de rente-inkomsten.  ( 4 min )
    Na ING en ABN AMRO verdubbelt ook bij Rabobank winst door hogere rente
    Rabobank heeft in de eerste helft van 2023 z'n nettowinst bijna verdubbeld. Vooral door een grote stijging van de rente-inkomsten maakte Rabobank 2,5 miljard euro winst, tegen 1,3 miljard euro in dezelfde periode vorig jaar.  ( 4 min )
    Industrie in mineur nu productie al zes maanden op rij krimpt
    Industriële bedrijven in Nederland hebben in juni 7,7 procent minder geproduceerd dan in dezelfde maand een jaar eerder. Door de afkoeling van de wereldeconomie zakt de productie terug, net als bij onze oosterburen.  ( 3 min )
    Omwonenden Tata Steel gaan in hoger beroep over uitstootregels provincie
    Omwonenden van Tata Steel vinden dat Noord-Holland de eisen voor de uitstoot van zwaveldioxide door de staalfabriek niet had mogen bijstellen. Zij zijn het niet eens met de rechter, die oordeelde dat de provincie geen regels overtrad, en gaan in hoger beroep.  ( 3 min )
    NU+ | Russische ddos-aanvallen op websites zijn vandalisme, geen cyberoorlog
    Pro-Russische hackersgroepen hebben deze week meerdere Nederlandse websites platgelegd. Dat is een vergeldingsactie voor de steun van ons land aan Oekraïne. Maar we zijn nog niet in een cyberoorlog beland, stelt een expert gerust.  ( 3 min )

  • Open

    Will Getting a Student Loan Deferral Hurt My Credit Score?
    A student loan deferral can give you relief from your debts, but there can be long-term consequences to your credit score. Learn how deferrals affect your credit score.  ( 23 min )
    What Are Alternatives to an MBA?
    Graduate business school costs time and money, and there are career-enhancing alternatives.  ( 20 min )
    How Much Is My Home Worth?
    If it's time for a change, it's important that you understand how much your current home is worth. Read on to decide if now's the time to move.  ( 21 min )
    Capitalism vs. Socialism: What's the Difference?
    Capitalism promotes free market conditions, whereas socialism incorporates certain elements of centralized economic planning. Read more to learn the differences between capitalism and socialism.  ( 34 min )
    Investing In Crisis: A High Risk-High Reward Strategy
    The financial crisis of 2008 and the great recession that followed is still fresh in the memories of many investors.  ( 22 min )
    Questrom School of Business Definition
    The Questrom School of Business is the business school located at Boston University. It was previously known as the Boston University School of Management.  ( 23 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 22 min )
    Top CDs Today: Leading Rate Holds at 5.75%, But Now With a Single Option
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 20 min )
    Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
    The Supreme Court dealt a setback to video game publisher Epic in its battle against Apple over how the iPhone giant treats developers that sell programs on the App store.  ( 17 min )
    How the My Best Buy Credit Card Works: Benefits and Rewards
    Best Buy credit card offers promotional financing and cash-back rewards to incentivize higher spending.  ( 24 min )
    UCLA Anderson School of Management: Overview
    UCLA Anderson School of Management is the University of California's graduate business school and one of the highest-ranked MBA programs in the United States.  ( 20 min )
    White House to Award $20 Million for AI Cybersecurity Tools
    DARPA will award up to $20 million in prize money to companies that use AI to develop stronger cybersecurity tools, with Google, Microsoft and OpenAI collaborating.  ( 17 min )
    State Farm CD Rates: August 2023
    CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 23 min )
    Waiting for Lower Mortgage Rates? Earn 5% on Your Down Payment While You Wait
    You can put your down payment savings to work earning as much as 5.75% APY until it's time to buy. Here are three risk-free ways to do so.  ( 17 min )
    Bracketed Sell Order: What it Means, How it Works
    Bracketed sell order is a short sell order that is accompanied by a conditional buy order above and a buy limit order below the initial sell order.  ( 18 min )
    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
    The S&P 500 dipped 0.7% on Wednesday, Aug. 9, 2023 as tech stocks fell ahead of Thursday's key consumer inflation report.  ( 16 min )
    Conservative Groups’ Lawsuit Could Stop Student Loan Relief Even if It Loses
    A lawsuit by conservative advocacy groups could defeat President Joe Biden’s latest plan to forgive student loan debt even if it doesn’t ultimately win in court.  ( 19 min )
    Should I Go to Grad School After College?
    Going to graduate school right after college keeps your education momentum going, but sometimes it pays to wait. Here's how to decide.  ( 21 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Sony ADRs Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 18 min )
    Strong US Sales Boost Honda's Operating Profit, Sending ADRs Higher
    ADRs of Honda advanced as the carmaker reported a big increase in U.S. sales and announced a stock split.  ( 16 min )
    Sony Shares Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 17 min )
    Google AI And American Airlines Tested Ways To Reduce Climate Impact Of Flights
    Google AI-powered flight routes reduced global warming inducing contrails—white lines in the sky left behind by planes-without materially increasing fuel consumption.  ( 17 min )
    Robo-Advisor vs. Financial Advisor
    Robo-advisors are less expensive but a financial advisor will provide more personalized service.  ( 25 min )
    Default: What It Means, What Happens When You Default, Examples
    A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.  ( 28 min )
    Jobs Growth: Overview, Applications, FAQ
    Jobs growth is a measure of how many nonfarm jobs the U.S. economy added in the prior month as estimated by the U.S. Bureau of Labor Statistics (BLS).  ( 21 min )
    What is the Sustainability Accounting Standards Board?
    The Sustainability Accounting Standards Board (SASB) developed standards for companies to report sustainability issues that could affect their value.  ( 22 min )
    De-Dollarization: What Is It and Is It Happening?
    A decline in the dollar’s share of allocated foreign exchange reserves has fueled talk of de-dollarization, which involves reducing reliance on the U.S. dollar as a reserve currency.  ( 22 min )
    Rivian Reduces Per-Unit Losses on the Road to Profitability
    Electric vehicle (EV) maker Rivian Automotive keeps losing money on every vehicle it makes, but losses have narrowed and the company expects profitability by the end of 2024.  ( 17 min )
    Data Analytics: What It Is, How It's Used, and 4 Basic Techniques
    Data analytics is the science of analyzing raw data in order to make conclusions about that information. It helps businesses perform more efficiently and maximize profit.  ( 24 min )
    What You Need to Know About the Employment Report
    The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 26 min )
    The National Association of College and University Business Officers (NACUBO) Definition
    The National Association of College and University Business Officers (NACUBO) is a membership organization focused on the educational sector.  ( 22 min )
    What Is the Unemployment Rate? Rates by State
    The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 32 min )
    Mortgage Demand Falls as US Credit Downgrade, Treasury Yields Push Rates Higher
    Mortgage applications declined 3.1% from the previous week as the average interest rate for FHA-backed mortgages increased to 7.02%—the highest in almost 21 years—according to data from the Mortgage Bankers Association.  ( 18 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    Roblox Shares Tumble After Reporting a Wider Loss as Expenses Grew
    Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.  ( 16 min )
    How Long Does an Accident Stay on Your Record?
    In most cases, your car insurance company does not report accidents to the DMV, but states require police to under certain circumstances.  ( 22 min )
    Markets Fall at Midday as Tech Stocks Sink
    U.S. equities declined at midday on Wednesday, Aug. 9, 2023, on the latest batch of earnings reports and as the market awaits key inflation data.  ( 16 min )
    New York City Economic Tracker: July 24, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 17 min )
    Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
    Shares of Decibel Therapeutics skyrocketed after Regeneron Pharmaceuticals agreed to buy the biotech firm for up to $213 million to expand its gene therapy pipeline.  ( 16 min )
    How to Get a Company's Prospectus
    Obtaining a company's prospectus—or other financial documents—is now a simple online task.  ( 20 min )
    How to Get a Credit Union Personal Loan in 2023
    Credit Unions often offer lower interest rates on the loans they offer. Learn how to get a credit union personal loan and reap the benefits of being a member.  ( 21 min )
    GDP Per Capita Defined: Uses and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 25 min )
    Marginal Benefit vs. Marginal Cost: What's the Difference?
    Marginal benefit is an incremental change in a consumer's benefit, while marginal cost is an incremental change in a company's production expense.  ( 23 min )
    How Colleges Make Money
    Colleges, universities, and other schools face funding challenges for a variety of reasons. Learn how schools make money and how they use it.  ( 24 min )
    Why Would Amazon Be An Anchor Investor In Arm's IPO? The Answer’s In The Cloud.
    Amazon is reportedly in talks to become an anchor investor in the IPO of Arm Ltd., a British semiconductor and software design company. The IPO, expected to be one of the largest this year, could help Amazon boost its cloud business.  ( 18 min )
    The Twin Deficits of the U.S.
    The U.S. runs both fiscal and current account deficits, which together are referred to as twin deficits.  ( 21 min )
    Labor Force Participation Rate: Purpose, Formula, and Trends
    The labor force participation rate is a measurement of an economy’s active workforce.  ( 31 min )
    How Long Do Personal Loans Stay on Your Credit?
    A personal loan will briefly affect your credit score both when you take one out and when you pay it off. Longer-term impacts can result from how well (or how poorly) you manage your debt.  ( 22 min )
    Tenancy at Sufferance: Legal Definition, Vs. Tenancy at Will
    Tenancy at sufferance is a legal circumstance when a property renter continues to live on a property after a lease term has expired.  ( 18 min )
    Almost Every Mortgage Average Drops for a Third Day
    Rates on 30-year mortgages have sunk almost a quarter percentage point over the past three days, with the averages on almost every other loan type dropping as well.  ( 20 min )
    Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
    Penn Entertainment shares surged after inking a $2 billion deal to rebrand and relaunch its sportsbook as ESPN Bet.  ( 17 min )
    Kelley School of Business at Indiana University
    The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 23 min )
    How Did Mass Production Affect the Price of Consumer Goods?
    Mass production allows consumer goods to be made for the broadest possible market, lowering costs overall.  ( 22 min )
    Robo-Advisor vs. Index Funds
    Index funds and robo-advisors stand out as accessible and effective tools for individuals aiming to grow their wealth.  ( 26 min )
    WeWork Doubts Its Own Survival, Shares Crater
    The reluctance of workers to return to the office, its checkered financial history, and considerable losses have led flexible workspace provider WeWork to express "substantial doubt" over its ability to remain in business.  ( 18 min )
    Representative Sample vs. Random Sample: What's the Difference?
    What is the difference between representative samples and random samples, and how are they are used to reduce sampling bias?  ( 21 min )
    What Is Unemployment? Understanding Causes, Types, Measurement
    Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )
    IE Business School Definition
    The IE Business School is a business school based in Madrid, Spain, which offers both undergraduate and graduate programs.  ( 21 min )
    About 80% of Americans Think It’s A Bad Time To Buy A Home
    Only 18% of Americans believe now is a good time to buy a home, even as consumers report improved job security and financial health, according to a new survey from Fannie Mae.  ( 18 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 18 min )
    Is Inflation Tamed? Thursday's Inflation Numbers Will Give the Fed New Clues
    June inflation was the lowest annual rate in more than two years. But how long will it take to get under the Federal Reserve's target rate of 2%?  ( 18 min )
    Booth School of Business Definition
    The University of Chicago’s Booth School of Business is the graduate business school of the University of Chicago.  ( 21 min )
    College Degrees of the 1%
    Find out which college majors give you the best odds of joining the wealthiest percentile of Americans.  ( 23 min )
    Graduate Record Examination (GRE): Definition, Scoring, and Cost
    The graduate record examination (GRE) is a standardized test that measures one's aptitude for abstract thinking.  ( 24 min )
    What Counts When Applying to Grad School: GPA vs. Work Experience?
    Grad schools typically take a holistic approach when evaluating applicants. Emphasize your strengths while addressing your weaknesses.  ( 25 min )
    Group Term Life Insurance: What It Is, How It Works, Pros & Cons
    Group term life insurance is life insurance offered as an employee benefit. Often a base amount is covered at no charge, with the option to add more.  ( 25 min )
    Old Lady Definition
    The Old Lady is a nickname for the Bank of England, originating from a 1797 political cartoon.  ( 19 min )
  • Open

    Helium Wars: Why Are Tech Giants Fighting Over This Rare Gas?
    What battery metals are to gigafactories, helium is to everything from scientific research, medical technology and high-tech manufacturing to space exploration and national defense  ( 41 min )
    Proterra won’t fight Nasdaq delisting following bankruptcy filing
    Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan. The post Proterra won’t fight Nasdaq delisting following bankruptcy filing appeared first on FreightWaves.  ( 32 min )
    This week's inflation report will spark a big rally in the stock market, Fundstrat says
    "Equities seem oversold as well. So, we think the probability for stocks to rally strongly after CPI is very high," Fundstrat's Tom Lee said.  ( 31 min )
    Kenvue Will be Added to S&P 500 After J&J Exchange Offer
    The Johnson & Johnson spinoff is the consumer health company that makes Listerine and Tylenol.  ( 26 min )
    Disney raises streaming prices as CEO Bob Iger warns of password sharing crackdown
    Disney said Wednesday it will raise the price of its streaming services Disney+ and Hulu for the second time this year.  ( 32 min )
    Kellogg's 'woke' workplace diversity programs are illegal, group claims
    A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its products. This is the second complaint filed this week against a company by America First Legal, a nonprofit run by Stephen Miller, who was an adviser to former President Donald Trump. America First in a letter to the U.S. Equal Employment Opportunity Commission (EEOC) said Kellogg's hiring, training and promotion practices are designed to achieve a balance based on race and sex that violates the federal law banning workplace bias.  ( 31 min )
    Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services
    The entertainment giant’s is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each.  ( 26 min )
    Dow Jones Futures: Nasdaq, Nvidia Break Key Support As AI Stocks Sell Off; What To Do Now
    No content preview
    Nvidia Stock Broke Its ’50-Day Moving Average.’ Here’s Where It Could Go Next.
    Shares of the AI chip maker slumped despite a lack of news. Is more downside ahead?  ( 26 min )
    SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
    The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday.  ( 31 min )
    Biden-Backed Bus Maker Got Millions in Aid Before Bankruptcy
    (Bloomberg) -- Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in US Covid-relief government aid. Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, Chin  ( 32 min )
    Illumina Stock Crumbles As Earnings Guidance Completely Misses Forecasts
    No content preview
    China's internet giants order $5 billion of Nvidia chips to power AI ambitions -FT
    Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the U.S. chipmaker to be delivered this year, the FT reported, citing multiple people familiar with the matter. The Biden administration last October issued a sweeping set of rules designed to freeze China's semiconductor industry in place while the U.S. pours billions of dollars in subsidies into its chip industry. Nvidia offers the A800 processor in China to meet export control rules after U.S. officials asked the company to stop exporting its two top computing chips to the country for AI-related work.  ( 31 min )
    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney earnings beat estimates but stock drops on subscriber miss
    No content preview
    Stocks skid for second day, Nasdaq leads way down: Stock market news today
    Stocks were down, failing to shake off losses driven by banking-sector worries as attention shifted to a key US inflation report.  ( 31 min )
    Tesla's 'Master of Coin' bids the EV-maker farewell after racking up a $590 million fortune
    No content preview
    Roblox Stock Crashes 23% On Q2 Earnings; Is RBLX Stock A Buy Right Now?
    No content preview
    Warren Buffett's favorite indicator signals stocks are 'significantly overvalued'
    It's always good for an investor to check in on the Buffett Indicator.  ( 33 min )
    From $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a ‘going concern’ warning
    "Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.  ( 33 min )
    CPI preview: Inflation expected to have ticked slightly higher last month
    July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.  ( 31 min )
    John Schnatter case will go to trial
    John Schnatter, founder and former CEO of Papa John’s International Inc., this week reacted to the news of his case going to trial.  ( 11 min )
    AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
    (Bloomberg) -- Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a disappointing outlook.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealFirst American City to Tame Inflation Owes Its Success to Affordable HousingTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureNasdaq 100 Drops 1% in Run-Up to Key CPI Report: Markets Wr  ( 31 min )
    Verizon to raise prices again
    Customers on the legacy Mix and Match plans will have to pay $3 more for single lines and $5 more for multiple lines, finance chief Tony Skiadas said at an investor conference on Wednesday. Last month, Bloomberg reported that Verizon was raising the monthly price on its wireless home internet offering by $10.  ( 31 min )
    Analyst Report: Cognizant Tech Solus Corp
    No content preview
    Analyst Report: Weyerhaeuser Co.
    No content preview
    Analyst Report: Wendy`s Co
    No content preview
    Analyst Report: Elevance Health Inc
    No content preview
    Analyst Report: T-Mobile US Inc
    No content preview
    Analyst Report: Restaurant Brands Intl In
    No content preview
    Market Update: CTSH, TMUS, SWK, WEN, ELV, WY, QSR
    No content preview
    Roblox Shares Tumble After Reporting a Wider Loss as Expenses Grew
    Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.  ( 17 min )
    WeWork stock plunges after company raises 'substantial doubt' about its future
    WeWork warned investors that there is "substantial doubt" it can stay in business, marking a new twist in the troubled company's staggering rise, fall, rebirth and potential imminent collapse.  ( 32 min )
    Palantir Stock Tumbles. Where It Could Be Headed Next.
    August hasn't been kind to the high-flying tech company.  ( 26 min )
    Alibaba Reports Earnings Thursday. Don’t Be Fooled by Good News.
    Wall Street expects the e-commerce giant to post decent earnings and revenue growth. Gloomy signs on China's economy cloud the outlook.  ( 26 min )
    Russia abandons budget rule in effort to save tanking rouble
    Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10 until the end of the year to try and prevent the rouble from plumbing new depths. The rouble pared losses on the news. Earlier on Wednesday it sank to its lowest for more than 16 months, past 98 to the dollar, hampered by strong demand for foreign currency and a lack of supply, with a shrinking trade surplus and widening budget deficit also hurting sentiment.  ( 30 min )
    U.S. judge greenlights Nio investor class action over factory claims
    Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled. The lawsuit in federal court in New York seeks damages from Nio, its executives and underwriters for a decline in share price after the carmaker said in March 2019 that it had scrapped plans to build the new factory it had said was "under construction" during the IPO. U.S. District Judge Nicholas Garaufis issued an order late Tuesday certifying a class of all investors who bought Nio American Depositary Shares (ADS) in the September 2018 IPO, and a class of investors who purchased ADS between Oct. 8, 2018 and March 5, 2019.  ( 31 min )
    Stocks sink for second day, Nasdaq leads way down: Stock market news today
    Stocks were down, failing to shake off losses driven by banking-sector worries as attention shifted to a key US inflation report.  ( 31 min )
    U.S. mortgage rates spike to highest since November, approach 22-year high
    The average U.S. 30-year mortgage rate jumped to a nine-month peak on Wednesday and hit the second-highest rate since 2001, as interest rates reacted sharply to a downgrading of U.S. government debt. The average 30-year mortgage rate shot up to 7.09% for the week ending Aug. 4, a 16 basis point increase from the previous week's 6.93% rate, according to a weekly report released by the Mortgage Bankers Association. Potential borrowers adjusted promptly to the surging cost of borrowing: the mortgage applications index - a measure of total mortgage application volume - fell 3.1% to a six-month low of 194.5.  ( 30 min )
    Apple Stock Is Falling Again. Where It Might Be Headed Next.
    Shares of the tech giant have slumped since it reported earnings last week.  ( 26 min )
    Mirati Rockets 31% On A Bevy Of News In Cancer, A $300 Million Deal And Its CEO Exit
    No content preview
    GM still struggling to build EVs, sees margin growth ahead for Cruise-CFO
    Speaking at a J.P. Morgan investor conference, GM Chief Financial Officer Paul Jacobson said the automaker's electric vehicles, from Cadillac Lyriq SUVs to BrightDrop vans, had been affected by an issue with assembling battery modules - a stumbling block first noted last week by Chief Executive Mary Barra. Jacobson said GM had built more than 1,000 Lyriqs in July -- still well below the company's initial expectations. GM in early 2022 said it expected to build 25,000 Lyriqs at the company's Spring Hill, Tennessee, plant last year, but fell far short of that target.  ( 30 min )
    Jim Cramer Says He's 'Not Concerned' With The Recent Debt Downgrade From Fitch Ratings — But He Still Wants Investors To Curb Their Bullishness. Here's Why
    Fitch Ratings recently downgraded the United States' long-term foreign-currency issuer default rating from its highest AAA rating to AA+, and stocks fell on the news. But CNBC's Jim Cramer appears unfazed by the decision. "I'm not concerned about the Fitch downgrade," the "Mad Money" host said. "I am concerned that too many people remain too sanguine at the moment because that's not what we want to see. When you get too many bulls, it tends to eventually cause a nasty sell-off — so maybe some fe  ( 33 min )
    Government Spending Will Propel the S&P 500 Higher, Says Kevin O’Leary — Here Are 3 ‘Strong Buy’ Stocks to Bet on It
    The S&P 500 has notched some very respectable returns this year, but there’s reason to believe it is only the beginning of a sustained multiyear rally. At least, that is the opinion of ‘Shark Tank’ star Kevin O’Leary, who believes that while various sectors of the US economy will be dealing with a series of difficulties, the S&P 500 is poised to ride the momentum of increased government expenditure in the upcoming years. O’Leary anticipates that the CHIPS and Science Act along with the Inflation  ( 35 min )
    Why Apple stock is on the brink of a 10% correction
    The bears haven taken a bite out of Apple in August.  ( 32 min )
    GBP/USD Forecast – British Pound Continues to See Support
    The British pound continues to show strength in the form of support.  ( 32 min )
    CELH Stock Guzzles Big Gains After Drink Maker Trounces Views
    No content preview
    Penn Wins in ESPN Betting Deal. Why DraftKings Stock Is Dropping.
    Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.  ( 27 min )
    Disney set to report earnings as ESPN strikes sports betting deal
    Disney will report earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Doximity Stock Plunges After Cut to Forecast. Analysts Are Concerned.
    The online platform for medical professionals said pharmaceutical companies are slowing down in shifting to handling information digitally.  ( 26 min )
    Roblox Plunges by Most in 9 Months as Daily Users Drop Off
    (Bloomberg) -- Roblox Corp. plunged by the most in nine months after reporting that people were spending less time playing its games in the second quarter and missing Wall Street’s estimates.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionRoblox  ( 31 min )
    Wheels Up flags inability to continue operations, shares tank
    The company, which charters planes by the hour, has made a slew of restructuring measures this year, including job cuts and management changes. Delta said in a statement that it was providing a short-term capital infusion in the form of a secured promissory note as Wheels Up pursues strategic partnerships.  ( 31 min )
    Roblox Stock Drops. Blame The Wider Loss.
    The company posts a second-quarter net loss of 46 cents a share. A year ago, it posted a loss of 30 cents.  ( 26 min )
    Cash-strapped Americans are being forced to dip into their 401(k) retirement plan to make ends meet
    Bank of America said more people had been taking hardship distributions from their retirement plans in recent months in a sign consumers may be running out of savings to propel economic growth.  ( 32 min )
    I'm High-Net-Worth & Approaching Retirement. How Can I Make Sure I'm Ready For the Transition?
    No content preview
    Reports: Arm lines up Amazon, Apple, Nvidia, others as investors as it prepares to go public
    Arm plans to raise around $10 billion in its IPO.  ( 11 min )
    How Much Retirement Will a $250,000 Annuity Buy Me?
    No content preview
    Why Rich Couples Are Cashing in On This Life Insurance
    No content preview
    The CPI Inflation Rate Is Expected To Rise In July. Why The Federal Reserve Won't Care.
    No content preview
    TUI Returns to Profit, Eyes Shifts From Extreme Weather
    TUI is acutely aware that its holiday package tours could be prone to seasonality shifts, as the group has just had to deal with the impact of severe weather warnings and wildfires. Despite all this and rising prices, travel demand from its main markets remains strong.  ( 32 min )
    Carvana Boosts Profit Forecast as Turnaround Gains Momentum
    (Bloomberg) -- Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year turnaround is carrying into the third quarter.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionAdjusted earnings before inter  ( 31 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance at the box office.  ( 26 min )
    Twilio Boosts Guidance. Why This Analyst Is Optimistic on Revenue and Profitability.
    The software company lifted its adjusted operating income guidance for the year.  ( 26 min )
    Rivian Earnings Impressed. Wall Street Is Lifting Stock Price Targets.
    Tuesday evening, electric-vehicle start-up Rivian reported strong second-quarter numbers, and increased production guidance. Analysts and investors are happy.  ( 26 min )
    Luminar’s Sales Growth Is Set to Accelerate. The Self-Driving Car Stock Is Rising.
    Lidar maker Luminar Technologies reports second-quarter results in line with Wall Street expectations and maintains full-year financial guidance.  ( 26 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Viatris Inc
    No content preview
    Analyst Report: Allstate Corp (The)
    No content preview
    Analyst Report: Goodyear Tire & Rubber Co.
    No content preview
    Stocks attempt to recover with inflation, Disney in focus: Stock market news today
    Stock futures rose Wednesday, looking to shake off losses driven by banking-sector worries, as attention shifted to a key US inflation report in the wake of disappointing Chinese price data.  ( 31 min )
    Daily Spotlight: Values in Financials and Technology
    No content preview
    Technical Assessment: Neutral in the Intermediate-Term
    No content preview
    Futures rise after selloff, all eyes on CPI data
    Philadelphia Fed President Patrick Harker said on Tuesday the U.S. central bank may be at the stage where it can leave interest rates where they are, barring any abrupt change in the direction of recent economic data. However, some central bank officials are still leaning the other way, with Fed Governor Michelle Bowman on Monday saying the combination of still-elevated inflation and continued economic growth meant further rate increases are likely. Wall Street's main indexes ended the previous session lower in a broad selloff after the downgrading of several small and mid-sized banks by credit rating agency Moody's reignited fears about the health of U.S. lenders and the economy.  ( 32 min )
    Daily – Vickers Top Buyers & Sellers for 08/09/2023
    No content preview
    Daily – Vickers Top Insider Picks for 08/09/2023
    No content preview
    These Stocks Are Moving the Most Today: Upstart, Penn, Lyft, Doximity, Rivian, Akamai, Twilio, Disney, and More
    Shares of Upstart fall sharply after the artificial-intelligence lending company issues a third-quarter earnings and revenue forecast that was below expectations, while Penn Entertainment surges after striking a deal with ESPN.  ( 27 min )
    Oil Rallies to Highest Since November on Black Sea Risks
    (Bloomberg) -- Oil was steady — after closing at the highest since mid-April on concerns about a possible escalation of the conflict between Ukraine and Russia — ahead of data that may show swelling US crude stockpiles. Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 31 min )
    Struggling Chinese graduates return to hometowns as job market sags
    Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market. Feeling the pinch of rising living costs, jobless Chinese youth have been leaving mega-cities, traditionally the stepping stone to middle-class wealth and beyond, for their hometowns with a slowing economy this year further pushing them away. The proportion of undergraduates returning home six months after graduation climbed to 47% in 2022 from 43% in 2018, state-run China News Service reported on Tuesday, citing a private sector survey.  ( 30 min )
    Country Garden Default Would Be Worse Than Evergrande, BI Says
    (Bloomberg) -- China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring millions of dollars in payments, underscoring the sector’s entrenched debt woes.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 32 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance by the company's movies at the box office.  ( 26 min )
    The Market’s Skeptics Are Giving Up. It’s Time to Worry.
    A capitulation among market naysayers comes just as market risks are rising. Consider protecting some of your 2023 gains with this hedging strategy.  ( 26 min )
    Alibaba, Tencent’s $66 Billion Party Starts to Fade
    (Bloomberg) -- China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market value since May’s end, propelled by expectations of a gradual return to pre-crackdown growth and a litany of official promises to unshackle the private sector. Yet some investors warn the celebration may be premature.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureWall S  ( 34 min )
    China's consumer prices fall in July as deflation risks build
    China's consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the economy. The only bright spot was that the core CPI rebounded to 0.8% due to seasonal tourism during the summer, but I am afraid that it may lack sustainability. Given the base remained high last year, CPI will hardly rebound significantly in the second half of the year.  ( 31 min )
    China tips into deflation as efforts to stoke recovery falter
    BEIJING (Reuters) -China's consumer sector fell into deflation and factory-gate prices extended declines in July, as the world's second-largest economy struggled to revive demand and pressure mounted for Beijing to release more direct policy stimulus. Anxiety is rising that China is entering an era of much slower economic growth akin to the period of Japan's "lost decades", which saw consumer prices and wages stagnate for a generation, a stark contrast to the rapid inflation seen elsewhere. China's post-pandemic recovery has slowed after a brisk start in the first quarter as demand at home and abroad weakened and a flurry of policies to support the economy failed to shore up activity.  ( 32 min )
    Dow Jones Futures: Market Rally Holds Key Support, For Now; Two Big AI Losers Late
    No content preview
    Boeing says incentives needed to compete for Pentagon's 'next franchise programs'
    A Boeing official told the county council that sites other than St. Louis have been considered for the aerospace manufacturer's proposed $1.8 billion expansion project, which would include construction of multiple buildings totaling one million square feet.  ( 13 min )
    This Is the Biggest Investment in High-Speed Internet Ever — and These Stocks Are Set to Reap the Rewards
    At the end of June, the Biden Administration unveiled an ambitious goal to ensure reliable broadband internet access for the entire US, even the most remote rural areas. The project will involve a federal outlay of $42 billion, allocated to the states over the next two years. The President touts the initiative as a move to close the ‘digital gap’ that separates the haves and have-nots in the world of high-speed connectivity. “It’s the biggest investment in high-speed internet ever, because for t  ( 34 min )
    Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
    (Bloomberg) -- He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Excee  ( 35 min )
  • Open

    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
    The S&P 500 dipped 0.7% on Wednesday, Aug. 9, 2023 as tech stocks fell ahead of Thursday's key consumer inflation report.  ( 1 min )
    Markets Fall at Midday as Tech Stocks Sink
    U.S. equities declined at midday on Wednesday, Aug. 9, 2023, after the latest batch of earnings reports and ahead of key inflation data.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 1 min )
  • Open

    NU+ | Dit vinden jullie van de buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 4 min )
    Stelling | 'Ik vind 15 cent niet de moeite waard om mijn blikjes voor in te leveren'
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )
    NU+ | Winsten banken komen ze aanwaaien: is extra belasting een goed idee?
    ABN AMRO en ING zagen hun winst afgelopen kwartaal verdubbelen. Belangrijkste oorzaak is de serie renteverhogingen van de Europese Centrale Bank. In Italië en andere landen wordt gewerkt aan een extra bankenbelasting voor overwinsten. Of dat ook in Nederland een goede zet is, vragen experts zich af.  ( 4 min )
    Gasprijs schiet voor het eerst in maanden omhoog door onrust in Australië
    De marktprijs voor gas is woensdagmiddag omhooggeschoten. Op de Amsterdamse gasbeurs steeg de prijs met meer dan een derde tot ruim 43 euro per megawattuur. Dat is het hoogste niveau sinds mei. De oorzaak is een dreigende staking in Australië.  ( 3 min )
    NU+ | Droogte van 2023 ontstond razendsnel en verdween in één klap
    Eerst viel er zes weken geen spat regen, daarna kreeg Nederland juist zes weken wisselvallig weer. Sinds 22 juli halveerde het neerslagtekort zelfs bijna. Hoe uitzonderlijk is de snelheid van het ontstaan en verdwijnen van de droogte van 2023?  ( 4 min )
    Verhuurder vraagt faillissement van koopjesketen Big Bazar aan
    De verhuurder van een winkelpand waarin een Big Bazar-filiaal is gevestigd, heeft het faillissement van de koopjeswinkel aangevraagd bij de rechtbank Amsterdam.  ( 3 min )
    Italiaanse bankenbelasting op overwinsten afgezwakt na paniek bij beleggers
    Italië heeft binnen een dag de plannen voor een extra belasting op overwinsten van banken al afgezwakt. Beleggers raakten na de aankondiging van de maatregel in paniek en verkochten aandelen in Italiaanse banken. Om ze te kalmeren, begrenst de regering de extra belasting.  ( 3 min )
    Farmabedrijf op een na waardevolste bedrijf van Europa dankzij 'wondermiddelen'
    De koers van het aandeel Novo Nordisk is deze week omhooggeschoten. Dat gebeurde nadat uit onderzoek was gebleken dat een diabetesmedicijn van het Deense farmaceutische bedrijf, dat ook effectief is als afslankmiddel, ook goed werkt tegen hart- en vaatziekten.  ( 3 min )
    Moederbedrijf Essent waarschuwt voor dure energie bij koude winter
    Hoewel energie nu veel goedkoper is dan vorig najaar, kunnen prijzen bij een koude winter weer snel oplopen. Daarvoor waarschuwt E.ON, het Duitse moederbedrijf van Essent en Energiedirect. "De energiecrisis is nog niet helemaal voorbij", zegt bestuurder Leonhard Birnbaum.  ( 3 min )
    Inleveren blikjes nog steeds chaos, maar volgens Ahold 'kwestie van wennen'
    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
    Farmabedrijf profiteert van wondermiddelen, maar houdt vraag moeilijk bij
    De koers van het aandeel Novo Nordisk is deze week omhooggeschoten. Dat gebeurde nadat uit onderzoek was gebleken dat een diabetesmedicijn van het Deense farmaceutische bedrijf, dat ook effectief is als afslankmiddel, ook goed werkt tegen hart- en vaatziekten.  ( 3 min )
    Blikjes inleveren is volgens Ahold-topman een kwestie van wennen
    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
    Ahold Delhaize ziet winst dalen door hogere energiekosten
    Ahold Delhaize heeft de winst in het afgelopen kwartaal zien dalen. Het supermarktconcern had last van onder meer hogere energiekosten en stakingen in België.  ( 3 min )
    ABN AMRO boekt meer winst dankzij hogere rente
    ABN AMRO heeft vanwege de gestegen rente in het tweede kwartaal fors meer winst geboekt. Het concern meldt net als branchegenoot ING bijna een verdubbeling van de winst ten opzichte van een jaar geleden.  ( 3 min )
  • Open

    Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
    Shares of Decibel Therapeutics skyrocketed after Regeneron Pharmaceuticals agreed to buy the biotech firm for up to $213 million to expand its gene therapy pipeline.  ( 1 min )
    Why Amazon’s In Talks For Anchor Investor In Arm IPO? The Answer’s In The Cloud.
    Amazon is reportedly in talks to become an anchor investor in the IPO of Arm Ltd., a British semiconductor and software design company. The IPO, expected to be one of the largest this year, could help Amazon boost its cloud business.  ( 1 min )
    WeWork Doubts Its Own Survival, Shares Crater
    The reluctance of workers to return to the office, its checkered financial history, and considerable losses have led flexible workspace provider WeWork to express "substantial doubt" over its ability to remain in business.  ( 1 min )
    Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
    Penn Entertainment shares surged after inking a $2 billion deal to rebrand and relaunch its sportsbook as ESPN Bet.  ( 1 min )

  • Open

    WeWork Raises Doubt About Its Survival
    WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work.  ( 29 min )
    Bud Light May Never Recover From The Controversy That Cost $400 Million In Lost US Sales – 'They Want To Enjoy Their Beer Without A Debate,' Anheuser-Busch CEO Says
    Bud Light may never recover from the ongoing controversy surrounding the brand, according to an anonymous beer distributor who spoke to the New York Post on July 31. Many more Anheuser-Busch InBev distributors have resigned themselves to their painful Bud Light losses and have given up on luring customers back following the controversial ad campaign. During the past few months, the company experienced hiring freezes and mass layoffs. Beer truck drivers face heckling and harassment. The revelatio  ( 32 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 20 min )
    Moody's reminds investors that regional banks aren't out of the woods yet
    Mid-sized banks stocks fell Tuesday after Moody's downgraded 10 institutions, citing higher funding costs and lower profitability.  ( 34 min )
    Beer billionaire Jim Koch buys a random stock every 2 weeks - and trusts his former babysitter to execute his trades
    Boston Beer Company's cofounder spent about $140 on two shares of Procter & Gamble more than six decades ago. They're worth $20,000 today.  ( 32 min )
    Rivian Raises Production Forecast as Results Surprise Wall Street
    The EV maker reported a per-share loss of $1.08 while Wall Street had expected a loss of $1.43.  ( 26 min )
    Super Micro Computer Revenue Outlook Disappoints Amid AI Buzz
    No content preview
    Twilio Jumps After Raising Full-Year Profit Outlook
    (Bloomberg) -- Twilio Inc. shares rose in extended trading after the software company raised its profit outlook for the year and reported quarterly sales and profit that topped analysts’ estimates.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarais Family Quietly Reshapes a F  ( 31 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 18 min )
    INTERVIEW: Dutch Bros Raises Guidance as Profit Doubles, Chooses Christine Barone as Next CEO
    Dutch Bros Inc. (NYSE: BROS) posts 103% rise in second-quarter Ebitda Revenue rose 34% in second quarter to $250 million on new locations, same shop sales Raises full-year Ebitda guidance to $135 million and $140 million President Christine Barone will become CEO and President in January 2024 Current CEO Joth Ricci to leave after five […]  ( 32 min )
    Lyft earnings surprised Wall Street and the stock initially spiked, but now it's tanking
    Lyft's earnings have a flat tire or two in them. Yahoo Finance analyzes.  ( 32 min )
    A record share of Americans think it's a bad time to buy a home
    In the latest survey from Fannie Mae measuring housing sentiment, 82% of respondents said now is a bad time to purchase a house — a record high.  ( 33 min )
    Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
    (Bloomberg) -- Coupang Inc., the online retailer popular in South Korea for dawn and one-day delivery, posted its fourth straight quarterly profit after investments in logistics and membership programs helped shore up margins.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarai  ( 31 min )
    Stocks fall as Moody's bank downgrade adds to August woes: Stock market news today
    Stocks remained under pressure but recovered from steeper losses after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Moody's downgrades banks over risks. Here are the 10 impacted.
    Ratings agency says its also watching some of nation's biggest lenders for possible cuts amid ongoing financial strain.  ( 31 min )
    Occidental Petroleum raises full-year production guidance after bountiful Q2
    Oxy exceeded production guidance for the second quarter in the Permian Basin and the Rockies. Here's what else is happening for the upstream energy company.  ( 13 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 19 min )
    Is TLRY Stock A Buy After Tilray Buys Beer Brands From Anheuser-Busch?
    No content preview
    Oil Rises as Russia-Ukraine Escalation Threatens Supply Turmoil
    (Bloomberg) -- Oil reversed losses after Ukrainian President Volodymyr Zelenskiy said his country would retaliate if Russia continues to block Ukrainian ports.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksMusk Says He May Need Surgery, Will Get MRI on Back and NeckWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Forecast in Blow to RecoveryZelenskiy’s warning tr  ( 31 min )
    Palantir Is Still Not Showing Its AI Superpower
    On Monday, Palantir Technologies Inc (NYSE: PLTR) reported 13% revenue growth while also issuing third quarter guidance that topped estimates, implying an acceleration in revenue growth. As for the AI hype, Palantir CEO Alex Karp emphasized that the data company aims to do much more than merely produce a computer-generated poetry tool like Microsoft Corporation (NASDAQ: MSFT)-backed ChatGPT that risks being disapproved by some, with the company still figuring out how to monetize the technology i  ( 32 min )
    Millennials and Gen Z are filled with financial regrets, and it’s sending them into a stress spiral
    Nothing hurts like an empty nest egg.  ( 32 min )
    Why Americans plan to take Social Security earlier, and even leave retirement money behind
    More Americans plan to claim Social Security benefits for retirement earlier than later, even if it means leaving money behind. Here's why.  ( 31 min )
    Hot July Stock Market as Recession Risks Fade
    No content preview
    Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year
    No content preview
    Eli Lilly, Novo Nordisk stocks soar after weight-loss drug trial boosts outlook
    Novo Nordisk's trial showing its weight-loss drug reduces sudden heart attack sends its stock— and that of Eli Lilly's — soaring.  ( 33 min )
    Rivian earnings preview: Production guidance and demand story in focus
    Electric adventure vehicle maker Rivian is on deck to report second quarter earnings after the bell on Tuesday, following a recent run-up in its stock fueled by positive headlines.  ( 32 min )
    Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
    (Bloomberg) -- Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company agreed to buy eight beer and beverage brands from the owner of Budweiser.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Fore  ( 32 min )
  • Open

    Group Term Life Insurance: What You Need to Know
    Employer-sponsored group term life insurance is often a free employee benefit. But it may not be enough to cover your family’s needs if you die.  ( 24 min )
    Jewelry Floater Definition
    A jewelry floater is a type of supplemental insurance designed to protect precious jewelry.  ( 21 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 19 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 24 min )
    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 16 min )
    Contributions to 401(k) Savings on the Rise; So Are Withdrawals
    Bank of America study shows 401(k) balances are almost 10% higher as Generation Z and Millennials increase their contribution rates  ( 18 min )
    June Wholesale Inventories Fall, But Remain Elevated Over Last Year
    Wholesale inventories—the stock of goods available for sale by wholesalers and a factor that may influence the country's Gross Domestic Product (GDP)—fell 0.5% to $905.2 billion in June compared to May, but were 1.3% higher over the June last year.  ( 17 min )
    Dwindling Trade Highlights China's Shrinking Role as Workshop of the World
    If you’ve seen fewer “made in China” labels on the products you buy, it’s no accident: trade between the U.S. and its biggest Asian trading partner has diminished as manufacturers have left China for friendlier shores.  ( 18 min )
    Bounty Programs: What it is, How it Works, Criticisms
    Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering (ICO).  ( 19 min )
    Elon Musk's X Partners With Ad Optimization Company Integral Ad Science
    On Tuesday, Elon Musk's X Corp. entered into an exclusive partnership with Integral Ad Science Holding Corp. (IAS), an ad optimization company, to win back advertisers and address reports of growing hate speech on the platform.  ( 19 min )
    Chegg Shares Jump After Beating Sales Estimates and Promoting Its AI Strategy
    Chegg shares soared after the education technology provider posted better-than-expected sales and laid out its artificial intelligence strategy.  ( 18 min )
    Guide to the Joe Biden Presidency
    One of America's youngest senators and its oldest president, Joe Biden's story includes his accomplishments, life-altering tragedies, and an ambitious vision for America's future.  ( 34 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 17 min )
    Can You Have a Robo Roth IRA?
    Learn about robo Roth IRAs and if you should consider using a robo-advisor to manage your Roth IRA.  ( 23 min )
    Comparing an Edward Jones Advisor to a Robo-Advisor
    When it comes to money management, there is no lack of choice. Here's a comparison of services from traditional advisors vs. those of a robo-advisor.  ( 25 min )
    What Do AA+ and AAA Credit Ratings Mean?
    AA+ and AAA are two credit ratings provided by Standard and Poor's and Fitch, signifying the highest credit quality. AAA is the highest and one level above AA+.  ( 21 min )
    Accelerated Amortization: Meaning, Example, Pros and Cons
    Accelerated amortization occurs when a borrower makes extra payments toward their mortgage principal, speeding up the settlement of their debt.  ( 20 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 17 min )
    TSMC, Bosch, Infineon and NXP Enter Joint Venture to Build $11 Billion Plant in Germany
    TSMC, Bosch, Infineon and NXP will build an $11 billion chip plant in Dresden, Germany, with production expected to begin by the end of 2027.  ( 17 min )
    Life Insurance in a Qualified Retirement Plan
    Buying life insurance in a qualified retirement plan offers tax benefits, but this strategy can also be expensive and complex to manage. Here are the pros and cons.  ( 26 min )
    Federal Reserve Regulations Definition
    Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 26 min )
    UPS Q2 Revenue Fell Short on Weaker Consumer Spending, Labor Negotiations
    United Parcel Service, the world's biggest package delivery company, posted mixed second-quarter results on Tuesday, beating on earnings but falling short on revenues.  ( 17 min )
    New Indications Definition
    New indications is a term used to refer to evidence signifying that there may be new applications for an existing drug or procedure.  ( 18 min )
    Basket Deductible Definition
    A basket deductible is a single deductible that is designed to pay for losses from different types of risks. It is designed to reduce the risk associated with business transactions by outlining indemnification.  ( 19 min )
    Harvard Business School Definition
    Harvard Business School is an internationally renowned business school located at Harvard University in Boston, Massachusetts.  ( 21 min )
    Only 10% Of Non-Retired Americans Will Wait Until 70 To Claim Social Security
    In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.  ( 18 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 17 min )
    BMO Bank CD Rates: August 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )
    Bread Savings CD Rates: August 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )
    Huntington Bank CD Rates: August 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )
    Interest Rates May Have Reached Their Peak, Fed Official Says
    If you’re feeling the financial pressure from today’s high interest rates on all kinds of loans, relief from a year and a half of rate increases may be on the way.  ( 18 min )
    Citibank Savings Account Interest Rates: August 2023
    Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 22 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 17 min )
    PenFed CD Rates: August 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )
  • Open

    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 1 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 1 min )
  • Open

    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 1 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 1 min )
    Novo Nordisk ADRs Surge After Wegovy Shown to Reduce Heart Attack, Stroke Risks
    ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 1 min )
  • Open

    Steeds meer Nederlanders werken, vooral meer vrouwen aan de slag
    In de afgelopen twintig jaar zijn steeds meer mensen gaan werken in ons land. Momenteel zijn er meer werkenden dan mensen zonder baan. In het tweede kwartaal waren er 120 mensen met betaald werk op 100 mensen die niet werkten.  ( 4 min )
2023-09-07T05:10:51.207Z osmosfeed 1.15.1